A+E Networks, also known as A&E Networks, is a privately owned American multinational broadcasting company founded in 1984. It's a 50/50 joint venture between Hearst Communications and The Walt Disney Company (via its General Entertainment Content division). Employing approximately 2300 people, the company's headquarters are in the US. A+E Networks owns and operates several television brands focused on non-fiction and entertainment programming, such as A&E, History, and Lifetime, along with related channels. It also has international subsidiaries, including Hearst Networks EMEA, and holds interests in or licenses other international ventures. The company reported revenues exceeding $1 billion in 2020.
Reports from Tuesday indicate that Disney and Hearst Communications considered selling A+E Television Networks LLC, also known as A+E Global Media. This media company operates several cable networks. Separately, on Wednesday, Lifetime, a cable network under A+E Networks, reduced its unscripted programming division, resulting in layoffs. Brie Miranda Bryant, senior vice president of unscripted development and programming, was among those affected. In other news, Tom Davidson joined Particle6, a UK indie, as its first Chief Commercial Officer. Davidson previously held senior management roles, including Managing Director of A+E Networks UK.
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A+E Global Media offers products in the media and telecoms services industry. A+E Global Media's product portfolio comprises of broadcast television and radio.
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A+E Global Media's revenues were over $1B in 2023. All the revenue comes from linear (thematic channel groups).
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