The Walt Disney Co. has been quietly restructuring under new Chief Executive Josh D’Amaro. One of its cable TV assets was the first to go.
The Burbank-based entertainment conglomerate inked a deal Aug. 4 to sell off its 50% stake in A+E Global Media to its venture partner The Hearst Corp. for $1.2 billion in cash.
Founded in 1984, the cable TV provider behind “The History Channel” has split its …
Disney Sells A+E for $1.2 Billion – Los Angeles Business Journal
