Sources: Disney is selling its 50% stake in A+E Global Media to co-owner Hearst Communications in a deal believed to be all in cash and worth north of $1B (Nellie Andreeva/Deadline)
Nellie Andreeva / Deadline:
Sources: Disney is selling its 50% stake in A+E Global Media to co-owner Hearst Communications in a deal believed to be all in cash and worth north of $1B — Disney is shedding a linear asset, selling its 50% stake in A+E Global Media, Deadline has confirmed.