A+E Global Media is going on the auction block. The parent company of A&E Network, History and Lifetime is joining the growing list of cable channels that are being sold or divested by their studio parent company.

The company, which was recently rebranded from A+E Networks, is a 50-50 joint venture between Disney and Hearst. The two companies have reportedly hired the investment banking arm of Wells Fargo to explore strategic options, including a potential sale or merger.

The owner of A&E, Lifetime and History is currently owned by Disney and Hearst, and has retained Wells Fargo as it looks into a sale or deal.