Overview

• Disney and Hearst retained Wells Fargo on July 8 to oversee a strategic review of their joint venture A+E Global Media.
• A+E Global Media rebranded from A+E Networks in March and owns cable brands A&E, History and Lifetime alongside its studios and streaming services.
• The partners have emphasized that no transaction is guaranteed and they will only pursue a deal if offers meet their valuation requirements.
• The review follows major media restructurings by NBCUniversal and Warner Bros. Discovery that separate linear cable assets from studios and streaming businesses.
• A+E’s portfolio spans FAST channels, AVOD platforms and global digital units, offering potential buyers access to extensive content libraries and emerging distribution channels.