A+E Networks buys out AOL in Asia
July 11, 2013
A+E Networks has concluded a transaction with AOL to assume full ownership of AETN All Asia Networks, the Singapore-based company formed as a joint venture in 2007. AETN All Asia Networks will be rebranded as A+E Networks Asia.
“The transition to full ownership of A+E Networks Asia is a first for our company and marks an important milestone,” said Nancy Dubuc, President & CEO, A+E Networks. “A+E Networks is committed to continued international expansion for our brands and business, and we are bullish on the growth opportunities not just in Asia, but Europe and the Americas as well.”