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Disney's ESPN to acquire NFL media assets in major deal

UNITED STATES, AUG 6 – ESPN will integrate NFL Network and RedZone into its platforms while the NFL gains a 10% stake in ESPN valued at up to $3 billion, pending approvals.

  • On August 5, 2025, the NFL announced a nonbinding agreement with ESPN to acquire NFL Network, NFL Fantasy, and RedZone rights, with a 10% stake in ESPN.
  • A $25 billion revenue goal prompts NFL's move to hand NFL Network, NFL Fantasy, and RedZone rights to ESPN for a 10% stake, supporting Iger's digital strategy.
  • NFL Commissioner Roger Goodell said 'Since its launch in 2003, NFL Network has provided millions of fans unprecedented access to the sport they love,' and Aidan O'Connor estimated the NFL's stake at $2.2 billion to $2.5 billion.
  • Pending approval from NFL owners and regulators, the deal must finalize before viewers see impacts, likely next year.
  • Ahead of ESPN's launch, the service's pricing of $29.99 per month and details are likely announced Wednesday morning, supporting the streaming expansion.
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Wall Street Journal broke the news in New York, United States on Monday, August 4, 2025.
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