Q2-16: Disney income up 10 percent aided by ESPN performance, studio entertainment
BENGALURU: The Walt Disney Company Inc (Disney) reported 9.8 percent year-over-year (y-o-y) increase in operating inc
Comcast to sell A&E stake to Disney & Hearst for $3 bn
indiantelevision.com Team
MUMBAI: US cable major Comcast is selling its 15.8 per cent stake in A&E Television Networks to joint venture partners Disney and Hearst for $3.03 billion in cash.
A&E is majority owned by Disney?s ABC Television Group and Hearst. It runs channels including the History Channel and Lifetime.
In India, AETN has a JV with TV18 and has runs the infotainment channel History.
Image
