Once upon a time, three companies owned a slate of cable networks, called A & E.NBCUniversal owned 25%, while ABC and Hearst owned 37.5%. Elsewhere, ABC and Hearst own Lifetime's Networks 50-50. In 2009, the companies decided to pool all of these assets together into a bigger A & E Networks. ABC and Hearst's stake in A&E Nets thus grew to 42.1% each, while NBCUni's shrunk to 15.8%. When this deal was first proposed, insiders suggest this would lead to NBC eventually selling its stake altogether. Now, NBC is selling a substantial bit of this network...
>From then: http://www.adweek.com/news/television/nbcu-looks-lifetime-stake-112505 >From now: http://www.deadline.com/2012/05/nbcuniversal-to-sell-stake-in-ae-networks/ -- Wesley McGee http://www.ambivi.com http://sterlingnorth.vox.com http://drawing-a-blank.tumblr.com Twitter: @westwit G+: http://plus.google.com/113413697748381364954 Facebook: http://www.facebook.com/wesleymcgee -- TV or Not TV .... The Smartest (TV) People! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en
