Hearst takes full ownership of A+E Global Media in $1.2bn Disney buyout
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Hearst has finalised a deal to buy Disney's 50% stake in A+E Global Media for $1.2 billion in cash, giving Hearst full ownership of the company behind Lifetime, History Channel and A&E Network. The agreement ends a 50-50 partnership that had lasted more than a decade and represents a significant expansion of Hearst's presence in national media, building on its existing newspaper, magazine and 35-strong local television station holdings. It comes as traditional pay-TV businesses face mounting pressure from cord-cutting and the shift to streaming, with A+E having sought to diversify its revenue base under president and chairman Paul Buccieri, who is staying on once the deal closes.
Disney and Hearst put A+E Global Media up for sale in July 2025, with Starz reportedly among the outside parties that considered it, though it is unclear whether any rival bid progressed formally. The transaction, expected to close in September, is separate from Hearst's roughly 18% stake in ESPN, which is unaffected. The deal covers channels including Lifetime Movie Network, FYI and Vice TV, as well as content units such as A+E Studios, A+E Factual Studio and A&E IndieFilms, plus streaming and FAST services including History Vault and Lifetime Movie Club. Both companies' executives framed the sale as an amicable conclusion to the long-running partnership, with Hearst pledging continued support for A+E's existing leadership and brands.
- Hearst buys Disney's 50% A+E Global Media stake for $1.2 billion
- Ends 50-50 partnership; Hearst now sole owner of Lifetime, History, A&E
- Deal closes September; Hearst's separate 18% ESPN stake unaffected
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Hearst and Disney have jointly owned A+E Global Media for more than ten years, splitting the business 50-50. That company sits behind well-known channels including Lifetime, History and A&E Network, along with related production studios and streaming services. Hearst is a major American media group with newspapers, magazines and local TV stations, while Disney is one of the world's largest entertainment companies, best known for film studios, theme parks and channels such as ABC and ESPN.
Traditional cable and satellite TV networks like the ones A+E runs have been losing viewers and revenue for years, as audiences move to streaming platforms instead. This has put pressure on companies like Disney and Hearst to decide whether joint ventures such as A+E still make sense, or whether it is better to sell, consolidate or restructure such holdings.
Disney and Hearst announced last year that they were exploring a sale of A+E, opening the door to other potential buyers before Hearst itself stepped forward to take over the business. The outcome of that process determines who controls a significant slice of American cable television, and is being watched as a sign of how legacy media companies are adapting to the decline of pay-TV.
More coverage
- The Hollywood Reporter — Disney Sells Its Stake in A+E to Hearst for $1.2 Billion
- Deadline — Disney Closes $1.2 Billion Deal To Sell A+E Global Media Stake To Hearst
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Originally published by Variety as “Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion”.