Disney’s (NYSE:DIS) ESPN is reportedly in advanced negotiations with the National Football League (NFL). The NFL might acquire a stake in ESPN, according to a report by the New York Post.
As part of the potential agreement, ESPN will assume control of NFL Media, which encompasses the NFL Network. In return, the NFL would secure a stake in ESPN. This strategic collaboration is in line with Disney’s strategy of turning ESPN into a leading digital sports platform.
Though the ongoing discussions between the two entities are in full swing, it is possible that the deal could take several months before it is finalized.
Disney to Turn ESPN as Top Sports Platform
Disney is reshaping ESPN to become the premier digital sports platform globally. To achieve this goal, the media and entertainment giant is actively pursuing strategic partnerships to enhance its content creation, distribution, marketing, and…
