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The Great Cable TV Garage Sale continues: Now Lifetime, A&E, and the History Channel are on the block
Cable TV networks are declining, but they still generate profits, for now. The trick is figuring out what to do with them.
ShareFacebook Email XLinkedInCopy linklighning bolt iconAn icon in the shape of a lightning bolt.Impact Link That's the question Disney and Hearst, who co-own the A&E Global Media cable conglomerate, are asking potential buyers right now: They've hired a bank to shop the properties, according to people familiar with the companies. Fun footnote — back in 2016, A&E thought one answer to cable's shrinking, aging audience problem would be Vice Media, and did a deal with the then-buzzy digital media company to turn one of its channels into a Vice-branded network.
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