A&E to buy Lifetime

The A&E Network will buy Lifetime, further consolidating the cable market. Walt Disney Co. has a hand in both networks. The Wall Street Journal story...

The A&E Network will buy Lifetime, further consolidating the cable market. Walt Disney Co. has a hand in both networks. The Wall Street Journal story is here.
Included in the merger is 10 brands and more than 20 Web sites, with the combined networks expected to reach more than 250 million homes world-wide in more than 40 countries.

The deal had been in the works for some time, and both companies will keep their branded names, reports The New York Times.

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