PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Hearst Communications, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Hearst Agrees to Acquire Majority Ownership of TV Program Producer and Distributor Litton Entertainment - Hearst announced it has agreed to acquire a majority interest in Litton Entertainment, which produces more than 800 hours of Emmy award-winning scripted and unscripted programming for broadcast networks and station groups each year - Litton.TV
Hearst Agrees to Acquire Majority Ownership of TV Program Producer and Distributor Litton Entertainment

 

NewswireToday - /newswire/ - New York, NY, United States, 2017/01/06 - Hearst announced it has agreed to acquire a majority interest in Litton Entertainment, which produces more than 800 hours of Emmy award-winning scripted and unscripted programming for broadcast networks and station groups each year - Litton.TV.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Broadcast/TV/Radio Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Litton Entertainment is a pioneer in educational-and-informational TV production and syndication and is a leading provider to networks in the family entertainment category.

The announcement was made by Hearst President and CEO Steven R. Swartz; Hearst Television President Jordan Wertlieb; and Litton Entertainment Founder, President and CEO Dave Morgan. Terms of the agreement were not disclosed. The transaction is expected to close by February 1.

“We’ve known Dave since the early days of his career with Hearst and have admired the first-class brand of Litton Entertainment that he and his team have built over the years,” Wertlieb said. “Providing quality, family-friendly programming to viewers is an important tenet of Hearst Television and adding Litton’s assets and expertise to our company through this partnership will be a terrific complement to our business.”

“Litton is built on the standards of excellence I experienced during my time at Hearst,” Morgan said. “I'm coming home to a company that delivers content that positively impacts the community, mirroring the pro-social principles we've innovated at Litton. Pete Sniderman and I deeply admire the leadership of Hearst. Together, we will do great things."

Litton Entertainment is headquartered in Charleston, S.C., with offices in New York, Boston and Burbank, Calif.

Richard Gray at ACF Investment Bank served as lead financial advisor to Litton Entertainment.

About Hearst

Hearst is one of the nation's largest diversified media, information and services companies with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; majority ownership of global ratings agency Fitch Group; Hearst Health, a group of medical information and services businesses; 30 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, Calif., which reach a combined 19 percent of U.S. viewers; newspapers such as the Houston Chronicle, San Francisco Chronicle and Albany Times Union, nearly 300 magazines around the world including Cosmopolitan, ELLE, Harper's BAZAAR and Car and Driver; digital services businesses such as iCrossing and KUBRA; and investments in emerging digital and video companies such as BuzzFeed, Vice, Complex Networks and AwesomenessTV.

About Hearst Television

Hearst Television owns and operates local television and radio stations serving 26 media markets across 39 states reaching over 21 million U.S. television households. Through its partnership with nearly all of the major networks, Hearst Television distributes national content over nearly 70 video channels including programming from ABC, NBC, CBS, CW, MY Net, MeTV, This TV, Estrella and more. Hearst Television is recognized as one of the industry's premier companies, and has been honored with numerous awards for distinguished journalism, industry innovation, and community service. Hearst Television is a wholly owned subsidiary of Hearst.

About Litton Entertainment

Litton Entertainment (litton.tv) is the preeminent independent producer and distributor in the U.S. television industry, creating and distributing quality programming for over 20 years with a specialty in educational and informational (“E/I”) programming. Litton talent and crews can often be found on all five continents producing Emmy winning, rich and nutritious content distributed worldwide. Litton's Weekend Adventure, produced by Litton Studios, was the first program block of its kind and airs Saturdays on ABC stations nationwide. Litton Entertainment provides CBS Network with six original programs for Saturday mornings called CBS Dream Team: It's Epic!; The CW Network with One Magnificent Morning, a three-hour destination featuring E/I programming; and NBC stations with six original E/I series under the iconic brand The More You Know. Litton's syndication and news division distributes a diverse slate of programs including the new E/I block Go Time! and Consumer Reports TV.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Broadcast/TV/Radio Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Hearst Communications, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Broadcast/TV/Radio articles,
CATCH Visitors via Your Competitors Announcements!


Hearst Agrees to Acquire Majority Ownership of TV Program Producer and Distributor Litton Entertainment

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Hearst | Litton Entertainment
Publisher Contact: Press Office - Hearst.com 
212-649-2577 press[.]hearst.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hearst Communications, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Broadcast/TV/Radio via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Hearst Communications, Inc. / Company Profile


Read Broadcast/TV/Radio Most Recent Related Newswires:

Evolution Digital and Conax Announce Deployment of Multi-DRM Security Platform on EVUE-TV
Kudelski Group and Twitter Pursue Business Collaboration Opportunities
Triple Play India to Deploy Conax-secured, Cloud-based Multi-DRM Offering Combined with Pre-integrated Middleware from Corpus
Altice USA Selects NAGRA Content Protection for US Cable Operations
KLAS-TV to Launch New Lifestyle Show 'Las Vegas Now' Bringing Southern Nevada Viewers the Best Local Entertainment, News and Special Event Coverage
Kudelski Security Continues its Rapid Expansion with the Acquisition of M&S Technologies
​Hearst Completes Roll Out of MediaOS Across its Television Properties
Proximus to Upgrade its ATEME Based Video Headend for its National Broadcasters to Benefit from Last Features and Enhancements
Following Samsung’s Own Chipset Development, MStar Becomes First Independent TV Chipset Vendor to Plan Support for TVkey
The Kudelski Group Launches IOT Security Center of Excellence to Address Demand for Increased Protection of Connected Devices
NAGRA and Samsung to Enable Open Market Adoption of TVkey in 2017
Hearst Television Expands Corporate News Team
The First Russian Channel Picks ATEME Contribution Technology to Support its International Content Exchange
Televarpið Deploys New Full-Software Converged Statmux Video Headend Powered by ATEME
TBC in Taiwan Launches Newly Digitized Platform Powered by NAGRA's OpenTV 5

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)