Deal For Lifetime Boosts Disney, Hearst Stake In A&E Network
Walt Disney and Hearst will gain a stronger grip on the three most-watched cable networks with the merger of A&E Television Networks and Lifetime Entertainment Services, reports The Wall Street Journal. Disney, Hearst and NBC Universal own A&E and its sister networks, while Disney and Hearst own half of Lifetime, the new home of the popular "Project Runway."
Wall Street Journal, The | 28 Aug.
This story published in Discovery Executive NewsBlast on 08/28/2009
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