Home Videos Photos Shop
PerezHilton CocoPerez Kim K. Teen Mom Khloé Jennifer Aniston PerezTV

NBC Sells Off Stake In A&E Networks

| Filed under: TV NewsDisneyBusiness Blitz

NBC sells stake in A&E networks

NBC has officially sold off its 15.8% of A&E Networks — which also includes Lifetime and the History Channel — to Disney and Hearst Corporation.

The transaction cost the buyers $3.03 billion to gain 50-50 control of the television channels, while the sale allows NBC Universal's 51% holder, Comcast, to save up to buy the rest of entertainment company from General Electric.

What does this mean for U?

Not much. We're sure all your favorite programming will continue to air as usual until the ratings start to slide.

U can stop panicking now!

Tags: , , , , , , , , , , , , , ,

Our Favorite TV Dads!
Super Bowl 2018: From LOL-Worthy To Heartwarming -- Here Are The Best Big Game Commercials!
This Is Us' Saddest Moments RANKED!
HGTV's Most Shocking & Heartbreaking Dramas!
Every Disney Animated Movie RANKED!
How Much Your Favorite TV Hosts Make!

Comments are closed.