“In a Landscape-Altering Deal, The Walt Disney Co. Will Acquire Assets from Nfl Media, Including NFL Network, with The League Acquiring a 10 Percent Ownership Stake in the Sports Media Giant. ESPN Fully Own NFL Network, with Plans to Bake It Into The UpComing Direct-To-To-Consumer Streaming Service. The Redzone Channel, Meanwhile, Will Join Disney’s”, – WRITE: www.hollywoodReporter.com
ESPN Fully Own NFL Network, with Plans to Bake It Into The UpComing Direct-To-To-Consumer Streaming Service. The Redzone Channel, Meanwhile, Will Join Disney’s Linear Portfolio, with Disney Also Planning to Merge ITS ESPN FANTASY Football Product With Nfl.
Perhaps MOST IMPORTANTLY, The NFL Will Also License Games, Redzone, NFL Films Programming and Other Content and Rights to Espn, Potentally Supercharging the.
And Espn Will The Rights to the “Redzone” Brand, Potentally Opening The Door to Expanding the Brand to Other Sports and Platforms.
“Today’s AnnounCement Paves the Way for the World’s Leading Sports Media Brand and American’s MOST POPULAR SPORT TO DELIVER AN EVEN MORE COMPERIENCE FOR NFL FANS Disney CEO BOB IGER IN A STATEMENT. “Commissioner Goodel and the NFL HAVE BUILT OUTSTANDING MEDIA Assets, and TheSe Transactions Will Add To Consumer Choice, Provide Viewers With Even Greater Convennce and Exper f Disney’s Streaming Ecosystem. ”
“Since ITS LAUNCH IN 2003, NFL NETWORK HAS PROVIDED MILLIONSS OF FANS UNPRECEDATED ACCESS TO THE SPORT THEY LOVE,“ ADDED NFL Commissioner Roger Goodel. “WTHER IT WAS DEBUTING THRSDAY NIGHT FOOTBALL, TELEVING The Combine, or Telling Incredible Football Stories Through Original Shows and Breaking NEWER Build on this Remarkable Legacy, Providing More NFL Football For More Fans in New and Innovative Ways. ”
“This is an exciting day for Sports Fans,” the Added Jimmy Pitaro, Chairman of Espn. “BY Combining These Nfl Media Assets with Espn’s Reach and Innovation, We’re Creating A Premier Destination For Football Fans. Together, Espn and The Nfl Area Redefining How’s AnyWhere.
The Deal, More Than A Year in the Making, Will Turbocharge Espn’s Streaming Ambitions, Bringing Addrational Games to the Streaming Platform What It Closes, Thought The Details Are. Additional Three NFL Games per Season to Air on NFL Network As A Result of Today’s News. Shifting to the NFL Network, Which Will Continue to Present Seven Games per Season, “the NFL and Espn Explain in a Press Release.
Basically, some of the games that Espn already televise (Including A Couple of ABC Games, and The Annual Espn+ Exclusive) will shift to nfl Network, which will. The League Will Get A Few Games Back As Part of the Deal. The Total Number of Games All Espn Platforms Will Televise Will Rise From 25 to 28.
The NFL Will Continue to Produce NFL Redzone, Even as It Licenses It to Espn, and The League Will Continue to Fully Own nfl Films, NFL+, and Other Digital Assets.
Given The Size of the Deal, It Will Require Regulatory Approval, and Could Take Some Time to Close. Already Some Are Wondering Whatver The Administration Could Take a Close Look at the Deal In A Bid to Seek Consions from Disney or The NFL.
The League and Disney Note that deal is Still Contingent on Definitive Agreements, As Well As Approval by Team Owners.
ESPN is Currently 80% Owned by Disney, and 20% Owned Be Hearst. It is not Clear Yet How The Nfl’s Stake Will Dilute their Ownership.