A+E Networks Buys NBCU’s Stake in German JV

A+E Networks will take over full ownership of A+E Networks Germany, following a 12-year joint venture with NBCUniversal International (NBCUI).

A+E Networks Germany operates HISTORY and A&E in Germany, Switzerland, Austria, Luxembourg, Alto Adige and Liechtenstein. Both channels have full distribution on cable and satellite platforms in the markets. NBCUI will continue to provide key services to A+E Networks in German-speaking Europe over the coming years.

The transaction is subject to regulatory approval.

“We are incredibly proud of the success we have achieved with our partner NBCUniversal International since 2005,” said Sean Cohan, the president of international and digital at A+E Networks. “With powerful brands, HISTORY and A&E, and a talented local team, we look forward to building on that success with strategic investment in local programming and new linear and digital services to grow our audiences in one of the world’s largest media markets.”