Disney Is Reportedly In Advanced Talks To Sell Part of ESPN To The NFL As It Prepares to Launch A Standalone Streaming Service | Cord Cutters News
In a move that could reshape the sports and entertainment landscape, Disney CEO Bob Iger hinted at the possibility of selling some of Disney’s TV assets back in July 2023. This strategic shift comes as Disney grapples with the changing landscape of media consumption, particularly the trend of cord-cutting. One of the key assets on the table is ESPN, a sports media powerhouse.
Recent reports have revealed that Disney is in advanced talks with the National Football League (NFL) regarding a groundbreaking deal. Under this arrangement, the NFL could purchase a portion of ESPN, which would give ESPN control over the NFL Network and other NFL media properties. In return, Disney might take a stake in the NFL Network, NFL.com, and RedZone. This potential partnership has the potential to benefit both parties significantly.
Disney, which currently owns 80% of ESPN (with Hearst owning the remaining 20%), could maintain a controlling majority even after selling part of ESPN to the NFL and potentially the NBA. This collaboration could offer financial support to ESPN’s efforts to launch its direct-to-consumer streaming service, set to debut in 2025. Moreover, this service’s subscribers could access exclusive NFL content, making it an attractive proposition for sports enthusiasts………[read more]
Rising Dough
How might the potential partnership between Disney-owned ESPN and the NFL reshape the way sports content is consumed, and what implications could this have for investors?
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The partnership between these two can lead to more kids based cartoons and getting kids into sports early on with eye grabbing commercials that feature parents favorite NFL players and childrens favorite cartoon characters. Investors maybe skeptical because the investment will not seem worth the while but if this does work out it will be a big hit for not only investors but the two partnering
This collaboration has the potential to generate an increase in children-oriented cartoons and early involvement in sports through captivating commercials featuring parents’ beloved NFL players and kids’ favorite cartoon characters. While investors might initially harbor skepticism due to perceived risks, if successful, it could prove highly rewarding for both investors and the partnering entities.
This collaboration might involve innovative broadcasting methods, exclusive content, and enhanced digital platforms, attracting a broader audience.