Disney, Hearst Weigh A+E Sale as Sun Valley Confab Begins

Walt Disney Co. and Hearst Corp. are considering a sale of their A+E Global Media joint venture, which includes cable-TV channels such as History and Lifetime, according to a person familiar with the discussions.

Variety, which reported on the talks earlier Tuesday, said Wells Fargo & Co. had been hired to handle the sale. Spokespeople for Disney and A+E declined to comment, while Hearst didn’t respond.