- Variety, Thursday, July 30, 2026 6:46 PM
Hearst is acquiring Disney’s 50% stake in A&E Global Media, the cable programmer jointly owned by the two firms, in a $1 billion transaction, Variety reports. The deal,
through which Hearst assumes total control over A+E, is expected to be finalized next week and formally announced when Disney releases its quarterly earnings on August 5.Read the whole story at Variety »