Sports
ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a 10% Equity Stake in ESPN
NEW YORK & BURBANK, Calif., August 06, 2025--ESPN, a subsidiary of The Walt Disney Company (NYSE: DIS), and the National Football League (NFL) today announced a non-binding agreement under which ESPN will acquire NFL Network and certain other media assets owned and controlled by the NFL – including NFL’s linear RedZone Channel, and NFL Fantasy – in exchange for a 10% equity stake in ESPN. In addition to the sale of NFL Network, the NFL and ESPN are also entering into a second non-binding agreeme
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[{"type":"text","content":"Fans to Benefit from Increased Consumer Choice, Greater Accessibility, and Expanded High-Quality Programming and Content Offerings Through ESPN","length":143,"tagName":"p","attribs":{}},{"type":"text","content":"ESPN to Own and Operate NFL Network, With Plans to Fully Integrate it into ESPN’s Upcoming Direct-to-Consumer Service","length":117,"tagName":"p","attribs":{}},{"type":"text","content":"NFL’s RedZone Channel to Join The Walt Disney Company’s Linear Networks Distribution Portfolio; and ESPN Fantasy Football to Combine with NFL Fantasy, Creating an Enhanced Offering and Broader Reach to Meet Global Demand","length":220,"tagName":"p","attribs":{}},{"type":"text","content":"NFL to Also License Games, NFL RedZone, NFL Films programming as well as Content and Other Rights to ESPN","length":105,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK & BURBANK, Calif., August 06, 2025--(BUSINESS WIRE)--ESPN, a subsidiary of The Walt Disney Company (NYSE: DIS), and the National Football League (NFL) today announced a non-binding agreement under which ESPN will acquire NFL Network and certain other media assets owned and controlled by the NFL – including NFL’s linear RedZone Channel, and NFL Fantasy – in exchange for a 10% equity stake in ESPN. In addition to the sale of NFL Network, the NFL and ESPN are also entering into a second non-binding agreement, under which the NFL will license to ESPN certain NFL content and other intellectual property to be used by NFL Network and other assets.","length":657,"tagName":"p"},{"type":"text","content":"These transactions between America’s most popular sporting league and the world’s most innovative sports media leader are designed to set a new standard for how professional football is delivered, experienced and celebrated by fans.","length":232,"tagName":"p"},{"type":"text","content":""Today’s announcement paves the way for the world’s leading sports media brand and America’s most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can," said Robert A. Iger, Chief Executive Officer of The Walt Disney Company. "Commissioner Goodell and the NFL have built outstanding media assets, and these transactions will add to consumer choice, provide viewers with even greater convenience and quality, and expand the breadth an...