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Disney Sells 50% A+E Stake to Hearst for $1B

7/31/2026

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Summary

Story summary

Disney sells its 50% stake in A+E Global Media to Hearst in an all-cash deal valued at over $1 billion.
The sale, first reported by analyst Rich Greenfield on Twitter, will be announced at Disney’s earnings call next week.
Paul Buccieri remains president and chairman under Hearst CEO Steven R. Schwartz as the debt-free A+E venture stays profitable, benefits from FAST adoption and supplies a library used by Netflix’s The Lincoln Lawyer.

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Story summary

Disney sells its 50% stake in A+E Global Media to Hearst in an all-cash deal valued at over $1 billion.
The sale, first reported by analyst Rich Greenfield on Twitter, will be announced at Disney’s earnings call next week.
Paul Buccieri remains president and chairman under Hearst CEO Steven R. Schwartz as the debt-free A+E venture stays profitable, benefits from FAST adoption and supplies a library used by Netflix’s The Lincoln Lawyer.