Mark Cuban sells majority stake in HDNet Movies, AXS

Mark Cuban has sold a majority stake in his HDNet and AXS TV channels.

  • Anthem Sports & Entertainment, along with TV personality Steve Harvey are investing in the channels.
  • Terms of the deal were not disclosed.
  • Cuban will remain an equity partner.
  • Anthem runs wrestling, boxing, hunting and fishing and gaming channels.
  • The deal focuses on stakes in HDNet Movies as well as AXS TV.
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