A+E Networks take full ownership of AETN
December 5, 2012
A+E Networks will assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture with Astro Overseas Limited (AOL) in 2007. The move comes as A+E networks looks to expand its footprint and launch new brands – including Lifetime.
A+E Networks’ portfolio of channel brands, including History, Crime & Investigation Network and BIO, will continue to have carriage in Malaysia and Brunei through agreements with Astro Malaysia, an affiliate of AOL.
A+E Networks and AOL will also establish a regional production partnership designed to nurture the production activity across South East Asia. The production partnership will help develop the local talent pool, and to create original content for regional and international audiences.