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ESPN will acquire NFL network and other media means National Football League In exchange for the league, taking 10% capital in the network of all sports, as part of a landmark agreement, both sides announced on Tuesday.
“Today’s announcement paves the way for the world’s leading sports media brand and the most popular sport in America to deliver an even more attractive experience for NHL fans in a way that can only ESPN and Disney,” Disney CEO Robert Iger said in a statement.
The NFL network will be owned and operated by ESPN, which will control the linear and digital rights of the network. The NFL network will be available to clients paying for cable or satellite television and will be added to the upcoming ESPN direct-consuming streaming service, set up this fall, offering access to the ESPN portfolio for professional and college sports.
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ESPN will acquire NFL network and other NHL media in exchange for the league, taking 10% capital in the network of all sports. (Kirby Lee / Imagn Images / Imagn)
Under the contract, ESPN will also acquire NFL’s fantasy product and merge it into the existing platform, ESPN Fantasy Football. ESPN will also acquire rights to distribute the Redzone channel to cable and satellite operators. The NHL will continue to own, manage and produce the Redzon channel and retain the rights to distribute it on digital platforms.
“By combining these media funds in the NHL with ESPN’s reach and innovation, we are creating a premiere destination for football fans,” ESPN President Jimimi Pyimo said in a statement. “Together, ESPN and NHL redefine how fans are involved with game-at any time, anywhere. This deal helps ESPN’s digital future, setting the base for an even stronger offer as we prepare to start our new director.”
The two sides still have to negotiate a final agreement and obtain approval from NHL owners. The contract is subject to regulatory approval and is not given value.
The two sides still have to negotiate a final agreement and obtain approval from NHL owners. (Getty pictures)
ESPN platforms It will also licenses three additional NHL games each season, with a total of 28. The NFL network will continue to broadcast seven games per season, with some games moving to the NFL network from the ESPN’s original layout.
The league will also continue to own and manage some of its media, including NHL films and nfl.com.
“Since its launch in 2003, the NHL network has provided millions of unprecedented access to the sport they want,” NFL Commissioner Roger Guell said in a statement. “Whether it debuted on Thursday night football, television of the plant or telling incredible football stories through original shows and news, the NHL network delivered it. The sale of the ESPN network will be based on this extraordinary and more footage.”
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Disney chief executive Bob Iger said the deal paves the way for both companies to deliver “even more attractive experience” to NHL fans. (Photo: Charlie Galley / Getty pictures for Disney / Getty Pictures)
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The new ESPN streaming service could start this month, cost $ 29.99 a month. Will provide access to Different sports leaguesIncluding NHL, NBA, WNBA, MLB and the NCAA Women’s Basketball Championship, as well as shows such as “Sportsker” and “Passing Cutting”.
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