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00:02Disney's subsidiary ESPN will acquire NFL Network, NFL Red Zone, and NFL Fantasy, according to Benzinga.
00:09In exchange, the NFL will receive a 10% stake in ESPN as part of a transformative equity-for-assets deal.
00:15Disney plans to integrate these properties into its new direct-to-consumer platform,
00:18merging ESPN and NFL Fantasy platforms, while ESPN gains rights to three additional NFL games per year.
00:24Four ESPN games will shift to the NFL Network to maintain its seven-game lineup.
00:28The executives from Disney, ESPN, and the NFL praise the partnership as a step toward expanding digital offerings and fan engagement.
00:36Deal in line with Disney's strategy to accelerate streaming growth and digital transformation.
00:40Deal is pending final approval from NFL team owners.
00:43For all things money, visit Benzinga.com.
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