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  • 2 months ago
It also announced two new huge media deals.

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Sports
Transcript
00:00ESPN announced the launch date of its new streaming service, along with some big-time content you'll get with it.
00:06The company's new service, also named ESPN, will debut on August 21st, just before the kickoff of the college football and NFL seasons.
00:13ESPN also revealed some of the new content subscribers will have access to, unveiling a new deal with the WWE.
00:19Beginning in 2026, ESPN's service will carry all 10 of the WWE's premium live events.
00:25Those include WrestleMania, SummerSlam, and the Royal Rumble.
00:28ESPN will pay roughly $1.6 billion over five years for the streaming rights to those events.
00:34Disney also announced that the NFL is taking a 10% stake in ESPN.
00:38Part of that deal includes ESPN acquiring the NFL Network, among other media assets from the league.
00:43The new streaming service will cost $29.99 a month.
00:46There's also an option to bundle it with Disney's other streaming services, Disney Plus and Hulu, which will cost $35.99 a month.
00:52That'll do it for your daily briefing. From New York City, I'm Kelsey Barberio with The Street.
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