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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.

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About The Author

Barry Walsh is editor-in-chief and content director for Realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to Realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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