Does Disney still own half of A&E?

[seascape]

Things are getting even more interesting in the Steaming Wars. According to what I have read Discovery+ is actually a partnership with A&E Television. If that is the case, I believe Disney would own 25% of it since they own 50% of A&E TV with Hearst owning the orher half. At least that is still my understanding. If anyond can verify this please let me know?

 

[AnotherDayAnotherDollar]

A+E is owned 50% by the Company and 50% by Hearst. A+E operates a variety of cable channels:
•A&E – which offers entertainment programming including original reality and scripted series
•HISTORY – which offers original series and event-driven specials
•Lifetime and Lifetime Real Women – which offer female-focused programming
•Lifetime Movie Network (LMN) – which offers female-focused movies
•FYI – which offers contemporary lifestyle programming
A+E also has a 50% ownership interest in Viceland, a channel offering lifestyle-oriented documentaries and reality series aimed at millennial audiences.
A+E programming is available in approximately 200 countries and territories. A+E’s networks are distributed internationally under multi-year licensing agreements with MVPDs. A+E programming is also sold to international television broadcasters and SVOD services.

https://otp.tools.investis.com/clients/us/the_walt_disney_company/SEC/sec-show.aspx?Type=html&FilingId=14530203&CIK=0001744489&Index=10000

 

[seascape]

Thanks, I now would love to know what their deal is with Discovery. I would prefer ownership.

 

[MisterPenguin]

Thanks, I now would love to know what their deal is with Discovery. I would prefer ownership.

Huh? Disney's deal with Discovery?

If that's what you're asking, Dis has nothing to do with Dis. Dis is its own complete thing.

 

[seascape]

Huh? Disney's deal with Discovery?

If that's what you're asking, Dis has nothing to do with Dis. Dis is its own complete thing.

Actually, Discover+ is a combined offering of Discovery's networks and A&E's networks. The only thing I would like to know is Discovery just paying A&E for the content or is an ownership interest in Discovery+. Personally. I prefer an ownership interest but in any case Disney does have an interest in the success of Discovery+.

 

[MisterPenguin]

Actually, Discover+ is a combined offering of Discovery's networks and A&E's networks. The only thing I would like to know is Discovery just paying A&E for the content or is an ownership interest in Discovery+. Personally. I prefer an ownership interest but in any case Disney does have an interest in the success of Discovery+.

Ah.

 

[seascape]

Ah.

Discovery+ is an interesting offering. It could be extremely popular and profitable because it is going worldwide. Discover has been talking about if for a year or so and as a Disney stockholder I hope Disney and Hearst negotiate an equity interest rather than just cash.

It also is another death nail of the cable bundle as I have quickly discovered not paying for the cable boxes for 3 tv in one house and 2 in the other more than make up for the cost of Disney+ and Hulu and the cost of my Amazon Prime membership. Then thanks to all the free streaming services I get all the news I want and other shows and movies.

 

[MisterPenguin]

It also is another death nail of the cable bundle as I have quickly discovered not paying for the cable boxes for 3 tv in one house and 2 in the other more than make up for the cost of Disney+ and Hulu and the cost of my Amazon Prime membership. Then thanks to all the free streaming services I get all the news I want and other shows and movies.

Ain't that the truth.

And for those who say that subscriptions will push one over the cost of what they were paying for cable, I keep reminding them that they can sub for just one month at a time, binge a finished season of a series, then unsub.

Hulu+Live is giving me just about everything cable did, and I'm careful about subbing and unsubbing premium streamers.

 

[Slpy3270]

Why Disney still owns 50% of A&E when they already own a majority of, and control, National Geographic, which caters to the same audience as A&E, is beyond me.

 

[seascape]

Why Disney still owns 50% of A&E when they already own a majority of, and control, National Geographic, which caters to the same audience as A&E, is beyond me.

It all comes down to money. Besides Hearst owns 20% of ESPN and has been a good partner. All Disney has to do is collect their share of the profits.