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ABC Cable Networks Group develops and manages worldwide cable television programming and leverages creative assets across The Walt Disney Company. In the U.S., ABC Cable Networks Group operates ESPN, Disney Channel, Toon Disney and SoapNet, and manages the company's interests in Lifetime Entertainment Services, A&E Television Networks and E! Entertainment Television.
ABC Cable Networks Group oversees all 12 Disney Channel Worldwide networks, reaching more than 15 million subscribers in 56 territories in Europe, Latin America and Asia Pacific. ABC Cable Networks Group also is responsible for nearly 100 Disney-branded blocks of programming in 51 countries reaching 600 million television viewers worldwide.
In October, the company completed its acquisition of Fox Family Worldwide, Inc. The purchase included Fox Family Channel, which was renamed ABC Family and relaunched as a new family-oriented service in the U.S.; a 76 percent interest in Fox Kids Europe, as well as the Fox Kids channels in Latin America, both of which will ultimately be re-branded; and the Saban Library and Entertainment Productions business. This acquisition will dramatically increase the reach of the company's family television entertainment to households throughout North America, Europe and Latin America.
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