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Ae Global Media

All articles tagged with #ae global media

company-earnings2 months ago•22 min saved

Disney Tops Q3 on Parks Growth as A+E Stake Sells to Hearst

Disney beat fiscal Q3 estimates with adjusted EPS of $2.06 on $25.17 billion in revenue, led by a 10% rise in Experiences revenue as parks and cruises benefited from higher guest spending. The company also disclosed it will sell its 50% stake in A+E Global Media to Hearst for about $1.2 billion, earmarked to boost share buybacks to $9 billion this year. Toy Story 5 generated over $1 billion globally, ESPN delivered strong playoff viewership, and Disney reaffirmed guidance for 12% adjusted EPS growth in 2026 and double-digit growth in 2027.

via Yahoo Finance|

#ae-global-media #company-earnings #disney

business2 months ago•15 min saved

Hearst Secures Disney's 50% A+E Stake in $1.2B Deal

Hearst will pay about $1.2 billion in cash to buy Disney’s 50% stake in A+E Global Media, giving Hearst full ownership of the A&E Networks—A&E, History, Lifetime, and FYI—within its Entertainment group. The deal, expected to close in September, follows a year-long process and will have Paul Buccieri continue leading A+E Global Media under Hearst. Disney has been pruning its cable division as linear viewership declines, while A+E remains profitable with a strong content library and ownership of much of its IP. Wells Fargo had been assessing a potential sale on Disney’s side.

via Deadline|

#ae-global-media #business #disney

business2 months ago•17 min saved

Disney Sells Half of A+E to Hearst in a $1B+ Cash Deal

Disney will sell its 50% stake in A+E Global Media to Hearst for more than $1 billion in cash, giving Hearst full ownership of A&E Networks (A&E, History, Lifetime, FYI). The deal, expected to be announced at Disney’s earnings call, would have A+E President Paul Buccieri continue leading the venture under Hearst. The sale underscores Disney’s ongoing shift away from traditional linear TV, even as ESPN remains a joint venture.

via deadline.com|

#ae-global-media #business #disney

business1 year ago•3 min saved

Disney and Hearst Consider Selling A+E Global Media Amid Market Competition

Disney and Hearst are exploring the potential sale of A+E Global Media, which owns cable networks like A&E, History, and Lifetime, amid industry shifts away from traditional linear TV. The move reflects broader industry trends of spinning off cable assets as viewership declines and streaming rises. The sale may not necessarily happen if terms are unfavorable, and other media companies are also considering or executing similar spinoffs. Disney's linear assets remain valuable but are increasingly seen as non-core in a changing media landscape.

via Deadline|

#ae-global-media #business #cable-networks