July 12, 2014 3:56 PM ET

Media

Company Overview of A&E Television Networks, LLC

Company Overview

A&E Television Networks, LLC, together with its subsidiaries, operates cable television networks in the United States, Latvia, Lithuania, and Estonia. It broadcasts original movies, dramatic series, justice shows, hosted talk shows, and military programs, as well as crime, investigation, and mystery programs. Its broadcasting portfolio also includes historical genres ranging from military history to contemporary history; and technology to natural history, as well as science, archaeology, and pop culture. In addition, the company operates a television network to the Spanish-speaking audience in the United States; and produces documentaries. Further, it licenses the company’s television channe...

235 East 45th Street

New York, NY 10017

United States

Founded in 1983

Phone:

212-210-1400

Fax:

212-907-9497

Key Executives for A&E Television Networks, LLC

Chief Executive Officer and President
President of A&E and BIO Channel
President of the History Channel
President of Fyi and Lmn
Age: 58
Vice President and Deputy General Counsel
Compensation as of Fiscal Year 2014.

A&E Television Networks, LLC Key Developments

A+E Networks Expands History Footprint in Baltics

A+E Networks announced the expansion of History in Europe with the launch of the channel on Viasat in the Baltics. Following the 1 July launch, History will be available in Viasat's Gold and Silver packages on the DTH platform in Latvia, Lithuania and Estonia. Viewers will be able to watch the channel's top-rating shows such as Pawn Stars and Counting Cars as well as upcoming series including Appalachian Outlaws.

A+E Networks Announces Executive Changes

Nicklodeon UK vice president and commercial director Kiaran Saunders has joined A+E Networks VP of EMEA. Saunders has joined the company in a senior strategic role within its own EMEA operations responsible for A+E Networks' growth strategy, branded channels and digital distribution across the region. He will take charge from Liz Higgins, who has joined News UK as commercial development director, and report to MD Dean Possenniskie. Meanwhile, Jon Wildman has been hired in the newly created role of VP ad sales for EMEA. The announcement was made by A+E Networks EMEA MD Possenniskie to whom both will report. At Nickelodeon, Saunders was responsible for managing distribution activity, advertising sales, and business development. Saunders assumes his new role from September 2014.

NBCUniversal Planning To Sell A&E Stake To Walt Disney And Hearst

Comcast Corporation’s (NasdaqGS:CMCS.A) NBCUniversal Media, LLC is planning to sell 15.8% stake in A&E Television Networks, LLC to the other partners in the joint venture, The Walt Disney Company (NYSE:DIS) and Hearst Communications, Inc. According to the news report, the deal could be worth about $2 billion. Comcast said recently that it had exercised an option requiring Disney and Hearst to buy back ‘a substantial portion’ of its ownership in A&E. Each company owns about another 42% A&E. Comcast said that it expects the transaction to close in the second half of 2014. The report mentioned that Comcast spokesman, Charlie Douglas and Hearst spokesman Paul Luthringer declined to comment. A Disney representative wasn't immediately available for comment. According to Citi analyst, Jason NBCUniversal's stake could be worth about $2 billion and could be used to reduce the company's debt.

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