NFL Sells RedZone And Other Media Assets To Disney For Stake In ESPN: Report
Synopsis
According to The Atlantic, sources said the official announcement is expected next week.
The NFL and Disney’s (DIS) ESPN have reportedly arrived at an agreement that places many of the league’s top media holdings with the sports network in exchange for stake in ESPN that is potentially worth billions.
According to a report by The Atlantic, sources said the official announcement is expected next week. Disney is also expected to report its latest earnings on Wednesday.
ESPN is expected to have access to RedZone, NFL Network, seven more regular-season games, the NFL’s fantasy football business, potential to integrate special features, and potentially more assets.
Get updates to this developing story <directly on Stocktwits.<
Read also: Trump Orders Nuclear Sub Deployment After Medvedev’s 'Provocative' Remarks
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.