{"id":4347,"date":"2012-07-10T00:00:00","date_gmt":"2012-07-10T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/2012\/07\/10\/comcast-sells-ae-stake-for-3-03-billion\/"},"modified":"2012-07-10T00:00:00","modified_gmt":"2012-07-10T00:00:00","slug":"comcast-sells-ae-stake-for-3-03-billion","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/comcast-sells-ae-stake-for-3-03-billion\/","title":{"rendered":"Comcast Sells A&amp;E Stake for $3.03 Billion"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">UNIVERSAL CITY: Comcast Corporation&#8217;s NBCUniversal has sold its 15.8 percent stake in A&amp;E&nbsp;Television Networks for $3.025 billion to its joint-venture partners The Walt Disney Company and Hearst Corporation. <br \/>\n<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">Following the deal, the two companies will each own 50 percent of A&amp;E. The amount will be paid in cash and also in the form of a senior note issued by A&amp;E. <br \/>\n<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">Comcast acquired its stake in A&amp;E Networks, which includes channels such as A&amp;E, Lifetime, HISTORY, Crime &amp; Investigation and others, through its acquisition of NBCU from General Electric in 2011. <br \/>\n<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UNIVERSAL CITY: Comcast Corporation&#8217;s NBCUniversal has sold its 15.8 percent stake in A&amp;E&nbsp;Television Networks for $3.025 billion to its joint-venture partners The Walt Disney Company and Hearst Corporation. Following the deal, the two companies will each own 50 percent of A&amp;E. The amount will be paid in cash and also in the form of a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4347","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comcast Sells A&amp;E Stake for $3.03 Billion<\/title>\n<meta name=\"description\" content=\"Comcast Sells A&amp;E Stake for $3.03 Billion . UNIVERSAL CITY, July 10: Comcast Corporation&#039;s NBCUniversal has sold its 15.8 percent stake in A&amp;E Television Networks for $3.025 billion to its joint-venture partners The Walt Disney Company and Hearst Corporation. . 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