Mark Cuban Sells Majority Stake in Axs TV, HDNet Movies to Steve Harvey, Anthem Sports
Mark Cuban has sold a majority stake in HDNet, parent of U.S. TV networks Axs TV and HDNet Movies, to Canadian-based Anthem Sports & Entertainment and entertainer Steve Harvey.
Terms of the deal were not disclosed. Anthem Sports, led by CEO Leonard Asper, a former head of Canadian broadcaster CanWest Global Communications Corp., will take over management of the TV networks offering music, sports, entertainment and lifestyle content.
As an investor, Harvey is also striking a strategic agreement for content development and promotion of Anthem’s portfolio of channels. Cuban and Aeg will continue as equity partners in the ...
Terms of the deal were not disclosed. Anthem Sports, led by CEO Leonard Asper, a former head of Canadian broadcaster CanWest Global Communications Corp., will take over management of the TV networks offering music, sports, entertainment and lifestyle content.
As an investor, Harvey is also striking a strategic agreement for content development and promotion of Anthem’s portfolio of channels. Cuban and Aeg will continue as equity partners in the ...
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