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Hearst Buys Full Control of A+E Networks
5 Aug
Summary
- Hearst acquired Disney's 50% stake in A+E Global Media.
- The deal was valued at approximately $1.2 billion in cash.
- Disney prioritizes streaming and ESPN amid declining cable.
Hearst has taken full ownership of A+E Global Media after purchasing Disney's 50% stake for approximately $1.2 billion in cash. This significant transaction, announced on Tuesday, August 4, 2026, shifts the entire television and content business under Hearst's control.
The divestment by Disney is part of a broader strategic realignment. The entertainment giant is increasingly prioritizing its streaming platforms and the ESPN brand. This also occurs as Disney evaluates the future utility of its traditional linear television assets.
This strategic shift by Disney comes amid a general trend of declining cable subscriptions across the industry. The company's focus is on adapting to evolving media consumption habits.
