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AETN’s Raven to head new cable entity, say reports

Reports that A&E Television Networks (AETN) will be merging with Lifetime took on new life with word that Abbe Raven, president and CEO of AETN, is expected to lead the new company. Broadcasting & Cable is reporting that the new company, formed by Disney-ABC, Hearst Corporation and NBC Universal, will, with the combined assets of AETN and Lifetime, own 10 cable channels in 145 countries. AETN currently includes under its umbrella History, Bio and the flagship A&E channel, with Hearst and Disney-ABC owning 37.5% each, and NBC Universal owning the remaining 25%. Andrea Wong, president and chief executive for Lifetime, is expected to report to Raven, says B&C, with other management positions yet to be determined.
June 5, 2009

Reports that A&E Television Networks (AETN) will be merging with Lifetime took on new life with word that Abbe Raven, president and CEO of AETN, is expected to lead the new company. Broadcasting & Cable is reporting that the new company, formed by Disney-ABC, Hearst Corporation and NBC Universal, will, with the combined assets of AETN and Lifetime, own 10 cable channels in 145 countries. AETN currently includes under its umbrella History, Bio and the flagship A&E channel, with Hearst and Disney-ABC owning 37.5% each, and NBC Universal owning the remaining 25%. Andrea Wong, president and chief executive for Lifetime, is expected to report to Raven, says B&C, with other management positions yet to be determined.

About The Author
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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