A&E Network, Lifetime, and History Up for Sale by Disney and Hearst

A+E Global Media, the parent company of A&E Network, History, and Lifetime, is up for sale. The company, owned by Walt Disney Co. and Hearst, has hired Wells Fargo to handle the sale process. The list of linear channels includes Lifetime Movie Network, FYI, and Vice TV, along with various content units and streaming services.

There is no certainty that A+E Global Media will be sold entirely or in part. Market conditions have motivated Disney and Hearst to explore potential buyers for A+E's lifestyle and unscripted outlets. The move to sell A+E's properties aligns with the trend of slimming down asset bases in the cable industry.

Other major studios like NBCUniversal and Warner Bros. Discovery are also divesting linear cable assets to adapt to changing viewer habits. A+E Global Media's well-known brands could attract potential buyers looking to strengthen their competitive positions in the evolving media landscape.

Despite the challenges faced by traditional cable channels, A&E Network, Lifetime, and History have maintained their programming quality and audience engagement. A+E has leveraged its deep library to establish FAST channels and licensing programs worldwide.

The roots of A+E Networks date back to the early 1980s in New York, with channels like A&E Network and Lifetime launching in 1984. Over the years, the company has evolved and expanded its offerings, showcasing a commitment to quality content.

According to the source: Variety.