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Disney Sells A+E Global Media Stake to Hearst for $1.2 Billion
Culturevarietyhollywood-reporterdeadline+1channel-news-asia1mo ago4 sources

Disney Sells A+E Global Media Stake to Hearst for $1.2 Billion

Disney has completed a $1.2 billion deal to sell its stake in A+E Global Media to Hearst, granting Hearst full ownership of the media conglomerate. This transaction marks Disney's exit from its ownership in A+E.

A+E Global Media Launches Storyground, a New Studio to Help Advertisers Create Content
Culturevariety6mo ago

A+E Global Media Launches Storyground, a New Studio to Help Advertisers Create Content

A+E Global Media wants to ramp up the work it does to help advertisers create bespoke content for its media properties. The company, jointly controlled by Disney and Hearst, is launching Storyground, a studio that aims to help advertisers create bespoke content for A+E outlets that could include History, A&E and Lifetime, among other properties. […]