{"id":871374,"date":"2025-08-05T20:03:04","date_gmt":"2025-08-06T00:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/espn-to-acquire-nfl-network-and-other-media-assets-from-the-nfl-in-exchange-for-a-10-equity-stake-in-espn\/"},"modified":"2025-08-05T20:03:04","modified_gmt":"2025-08-06T00:03:04","slug":"espn-to-acquire-nfl-network-and-other-media-assets-from-the-nfl-in-exchange-for-a-10-equity-stake-in-espn","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/espn-to-acquire-nfl-network-and-other-media-assets-from-the-nfl-in-exchange-for-a-10-equity-stake-in-espn\/","title":{"rendered":"ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a 10% Equity Stake in ESPN"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a <\/b><b>10% Equity Stake in ESPN<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Fans to Benefit from Increased Consumer Choice, Greater Accessibility, and Expanded High-Quality Programming and Content Offerings Through ESPN<\/i><\/b><\/p>\n<p class=\"bwalignc\"><b><i>ESPN to Own and Operate NFL Network, With Plans to Fully Integrate it into ESPN\u2019s Upcoming Direct-to-Consumer Service<\/i><\/b><\/p>\n<p class=\"bwalignc\"><b><i>NFL\u2019s RedZone Channel to Join The Walt Disney Company\u2019s Linear Networks Distribution Portfolio; and ESPN Fantasy Football to Combine with NFL Fantasy, Creating an Enhanced Offering and <\/i><\/b><b><i>Broader Reach to Meet Global Demand<\/i><\/b><\/p>\n<p class=\"bwalignc\"><b><i>NFL to Also License Games, NFL RedZone, NFL Films programming as well as <\/i><\/b><b><i>Content and Other Rights to ESPN<\/i><\/b><\/p>\n<p>NEW YORK &amp; BURBANK, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nESPN, 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 \u2013 including NFL\u2019s linear RedZone Channel, and NFL Fantasy \u2013 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.<\/p>\n<p>\nThese transactions between America\u2019s most popular sporting league and the world\u2019s most innovative sports media leader are designed to set a new standard for how professional football is delivered, experienced and celebrated by fans.<\/p>\n<p>\n\u201cToday\u2019s announcement paves the way for the world\u2019s leading sports media brand and America\u2019s most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can,\u201d said Robert A. Iger, Chief Executive Officer of The Walt Disney Company. \u201cCommissioner 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 and value proposition of Disney\u2019s streaming ecosystem.\u201d<\/p>\n<p>\n\u201cSince its launch in 2003, NFL Network has provided millions of fans unprecedented access to the sport they love,\u201d said NFL Commissioner Roger Goodell. \u201cWhether it was debuting Thursday Night Football, televising the Combine, or telling incredible football stories through original shows and breaking news, NFL Network has delivered. The Network\u2019s sale to ESPN will build on this remarkable legacy, providing more NFL football for more fans in new and innovative ways.\u201d<\/p>\n<p>\n\u201cThis is an exciting day for sports fans,\u201d said Jimmy Pitaro, Chairman of ESPN. \u201cBy combining these NFL media assets with ESPN\u2019s reach and innovation, we\u2019re creating a premier destination for football fans. Together, ESPN and the NFL are redefining how fans engage with the game\u2014anytime, anywhere. This deal helps fuel ESPN\u2019s digital future, laying the foundation for an even more robust offering as we prepare to launch our new direct-to-consumer service.\u201d<\/p>\n<p><b>Additional Details<\/b><\/p>\n<p>\nThis new relationship brings together some of the NFL\u2019s premier media brands and fan-engagement platforms with ESPN\u2019s deep experience in producing and distributing high-quality and innovative sports programming. ESPN intends to deploy its resources and expertise in the development of NFL Network, distribution of the RedZone Channel and fantasy, to expand audience reach, increase accessibility and flexibility for consumers, drive innovation, and offer even more high-quality content to fans at highly competitive prices. As a result of this sale, NFL programming will be available on more platforms than ever before, including ESPN\u2019s upcoming direct-to-consumer (\u201cDTC\u201d) service, while remaining on cable, satellite and leading streaming providers. ESPN\u2019s DTC offering will deliver an array of NFL content to subscribers.<\/p>\n<p>\nUnder the terms of these agreements:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nNFL Network, including both linear and digital rights, would be owned and operated by ESPN and fully integrated into ESPN DTC, alongside traditional pay television distribution, increasing accessibility and flexibility for consumers and promoting innovation in sports programming.<\/p>\n<\/li>\n<li>\nESPN would own broad rights to the RedZone brand and distribute the NFL RedZone Channel to pay TV operators for continued inclusion into their sports packages.<\/p>\n<\/li>\n<li>\nNFL Fantasy Football would merge with ESPN Fantasy Football, creating the official Fantasy season-long game of the NFL and one best-in-class digital experience, driving innovation and enabling broader reach to meet global demand.<\/p>\n<\/li>\n<li>\nIn total, ESPN\u2019s platforms will license an additional three NFL games per season to air on NFL Network as a result of today\u2019s news. In addition, ESPN will adjust its overall NFL game schedule, with four games (including some from overlapping windows) shifting to the NFL Network, which will continue to present seven games per season.<\/p>\n<\/li>\n<li>\nThe NFL will continue to own and operate its retained media businesses including properties such as NFL Films and key fan-facing platforms such as NFL+, NFL.com, the NFL Podcast Network, the NFL FAST Channel and the official sites for the league\u2019s 32 clubs. It will also continue to own, operate, and produce NFL RedZone, and retain the rights to distribute NFL RedZone digitally.<\/p>\n<\/li>\n<\/ul>\n<p>\nThe transactions are subject to the parties\u2019 negotiation of definitive agreements, various approvals including by the NFL team owners, and customary closing conditions.<\/p>\n<p>\nESPN is 80 percent owned by ABC, Inc. (an indirect subsidiary of The Walt Disney Company) and 20 percent by Hearst.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThe terms \u201cCompany,\u201d \u201cwe,\u201d and \u201cour\u201d below and \u201cDisney\u201d above are used to refer collectively to The Walt Disney Company and the subsidiaries through which our various businesses are actually conducted.<\/p>\n<p>\nCertain statements in this press release may constitute \u201cforward\u2010looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations, beliefs and business plans; transactions for which conditions to close have not been satisfied, including entering into definitive agreements, regulatory or other approvals or other conditions; content, benefits and timing of future product offerings; consumer sentiment; and other statements that are not historical in nature. Any information that is not historical in nature is subject to change. These statements are made on the basis of management\u2019s views and assumptions regarding future events and business performance as of the time the statements are made. Management does not undertake any obligation to update these statements. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company or the discovery of additional information, as well as from developments beyond the Company\u2019s control, including: failure to enter into definitive agreements, obtain regulatory or other approvals or satisfy other conditions; other regulatory and legal developments; the availability of, and competition for, as applicable, programming, subscribers, talent and distribution channels; and consumer preferences and product acceptance. Additional factors are set forth in the Company\u2019s most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings with the Securities and Exchange Commission.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250805079844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250805079844\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250805079844\/en\/<\/a><\/span><\/p>\n<p>\nESPN: Katina Arnold<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Katina.arnold@espn.com\">Katina.arnold@espn.com<br \/>\n<\/a><br \/>860.912.6643<\/p>\n<p>\nESPN: Derek Volner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:derek.volner@espn.com\">derek.volner@espn.com<br \/>\n<\/a><br \/>860.384.9986<\/p>\n<p>\nDisney: Mike Long<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mike.p.long@disney.com\">mike.p.long@disney.com<br \/>\n<\/a><br \/>818.560.4588<\/p>\n<p>\nNFL: Alex Riethmiller<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Alex.Riethmiller@NFL.com\">Alex.Riethmiller@NFL.com<br \/>\n<\/a><br \/>954.599.4154<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Football Sports Licensing (Sports) Entertainment TV and Radio<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a 10% Equity Stake in ESPN Fans to Benefit from Increased Consumer Choice, Greater Accessibility, and Expanded High-Quality Programming and Content Offerings Through ESPN ESPN to Own and Operate NFL Network, With Plans to Fully Integrate it into ESPN\u2019s Upcoming Direct-to-Consumer Service NFL\u2019s RedZone Channel to Join The Walt Disney Company\u2019s Linear Networks Distribution Portfolio; and ESPN Fantasy Football to Combine with NFL Fantasy, Creating an Enhanced Offering and Broader Reach to Meet Global Demand NFL to Also License Games, NFL RedZone, NFL Films programming as well as Content and Other Rights to ESPN NEW YORK &amp; BURBANK, Calif.&#8211;(BUSINESS WIRE)&#8211; ESPN, a subsidiary of The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/espn-to-acquire-nfl-network-and-other-media-assets-from-the-nfl-in-exchange-for-a-10-equity-stake-in-espn\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a 10% Equity Stake in ESPN&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-871374","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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