Get the latest tech news

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.

Get the Android app

Or read this on r/technology

Read more on:

Photo of lifetime

lifetime

Photo of block

block

Photo of a&e

a&e

Related news:

News photo

How the Binding of Two Brain Molecules Creates Memories That Last a Lifetime

News photo

Engineer creates ad block for the real world with augmented reality glasses

News photo

Microsoft employee bypasses ‘Palestine’ block to email thousands of staff in protest | A mass email sent by a Microsoft employee appears to have gotten around a block on words like “Palestine” and “Gaza” that the company put in place earlier this week.