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NFL buys minority stake in ESPN.
Following talks first reported two years ago, ESPN is acquiring the NFL Network and rights to the fan-favorite RedZone Channel in exchange for the league taking a 10 percent stake in the sports network. It’s all fodder for ESPN’s upcoming streaming service which could launch this month for $29.99. ESPN parent Disney reports earnings later today so expect to hear more then.
ESPN & the NFL Reach Expansive Agreement | The Walt Disney Company
[thewaltdisneycompany.com]
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