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NBC Universal, owner of Oxygen and iVillage, might add another female-driven property to its portfolio.
Hearst, Disney ABC Cable and NBC Universal Cable are considering restructuring their partnership in A&E Television Networks to include Lifetime Networks.
Hearst and Disney ABC both own 37.5 percent of A&E Networks, and NBCU holds a 25 percent stake. Lifetime is a 50-50 partnership between Hearst and Disney ABC.
If the deal goes through, Hearst’s and Disney ABC’s stakes in the joint venture are expected to rise, with NBCU’s ownership sliding when Lifetime is introduced to the mix.
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