NFL and ESPN Near Major Deal Reshaping NFL Network Operations
By Chad Finn
In a groundbreaking move for sports broadcasting, the NFL is on the verge of finalizing a deal with ESPN that could reshape the landscape of football media. As reported by multiple sources, the deal entails the NFL acquiring a 10 percent stake in Disney-owned ESPN, while ESPN will take ownership of the NFL Network and its related properties, including the popular NFL Red Zone and seven live games per season.
Both ESPN and the NFL see substantial benefits in this arrangement. ESPN plans to launch a new standalone app aimed at enhancing its status as "The Worldwide Leader in Sports." Access to more NFL content could significantly increase subscriptions to this app, priced at $29.99 monthly. For the NFL, this partnership aligns with its strategy to offload in-house media properties to a trusted partner.
However, the full implications of this partnership are still unclear. While fans can expect more NFL content, they may need to budget for additional streaming services to access all programming. This deal is poised to transform how football fans engage with their favorite sport as the NFL season approaches.
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