The value of Comcast and NBC Universal‘s 15% stake in A&E Television Networks has risen following the success of the Hatfields & McCoys. When Comcast disclosed in an SEC filing early in May it was selling at least some of its A&E stake to co-owning partners Disney-ABC and the Hearst Corp, it valued the stake at just over $2 billion, according to the New York Post. Then the Hatfields & McCoys miniseries bowed to spectacular ratings on History, and the value to NBCU of the transaction has risen to $2.8 million. A&E includes the History Channel, Lifetime and A&E. ABC and Hearst each own 42.5% and will split equal parts of NBCU’s stake. The Post said the deal was expected to close during the second quarter but negotiations might take longer. Among other things, haggling continues over retransmission fees Hearst pays Comcast for its NBC-affiliated stations.
NBCU's Stake In A&E Valued At $2.8B For Sale To Hearst, Disney: Report
What's Hot on Deadline
Family-Branded Films On Fire At The B.O.: 'Beauty And The Beast' Embraces $89M+; 'Power Rangers' Mighty With $40M
'Beauty And The Beast' Nears $700M WW; 'Kong' Has Mighty $72M China Bow, Tops $250M Offshore - International Box Office
'Westworld' Team On The Series' Super-Engaged Fan Base, Music Hints & Being Part Of The Solution - PaleyFest
Latest TV News
- The President Trumpets Jeanine Pirro: Is Paul Ryan Just Collateral Damage?
- ‘Westworld’ Team On The Series’ Super-Engaged Fan Base, Music Hints & Being Part Of The Solution…
- ‘Pretty Little Liars’ Cast And EPs Talk “Huge Twist” And Final Episodes – PaleyFest
- Dan Aykroyd, Griffin Dunne Remember Carrie & Debbie, “Beloved Showboats”
- NCAA Basketball Tops Friday Ratings; ‘The Originals’, ‘Sleepy Hollow’ Tick Up In Demo
- Conservative PAC TV Spots Prematurely Thank GOP For Defeating Obamacare