A&E CEO to run new cable venture

Abbe Raven will oversee global media entity

A&E Television Networks prexy-CEO Abbe Raven has been named to head the new company being formed by Disney, Hearst Corp. and NBC Universal to house their jointly owned cablers Lifetime, A&E and History, according to several sources close to talks.

The new entity merges the various assets of AETN and Lifetime and creates a powerhouse cable company with 10 channels in 145 countries, three of the top 12 cable brands and 15 websites (Daily Variety, June 4).

Lifetime prexy-chief exec Andrea Wong will report to Raven, staffers heard on Thursday. The management structure for other positions such as sales and marketing are still being determined.

For the full story from Broadcasting & Cable, click here.

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