Spike Lee and ESPN Pull Plug on Colin Kaepernick Doc
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Parade on MSNDisney Dropping $1.6 Billion on This Shocking New Sports Deal
Disney Dropping $1.6 Billion on This Shocking New Sports Deal originally appeared on Parade. Well, Mickey’s officially gone muscle mode.
Walt Disney's ESPN said on Wednesday it would launch the new ESPN's direct-to-consumer streaming service on August 21, priced at $29.99 per month.
Disney and ESPN are acquiring NFL media properties. Click here to read more on what investors need to know about this big move and why DIS stock is a Buy.
Legendary ESPN anchor Rich Eisen is set to make his return to the network.
LOS ANGELES, Aug 5 (Reuters) - Walt Disney's (DIS.N) ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports network, the parties said on Tuesday.
The Walt Disney Co. late Tuesday announced a non-binding agreement for ESPN to acquire NFL Network and other NFL media assets in exchange for a 10% equity stake in the sports giant.
As ESPN undergoes some monumental changes, from launching its highly anticipated direct-to-consumer product in a matter of days to striking a mega-deal with the NFL which will see the league take a 10% stake in the sports media company,
Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.
Last year, WWE signed their massive broadcasting deal with Netflix and their recent Premium Live Event broadcasting deal with ESPN that's set to kick off in 2026. Due to the common knowledge that ESPN is owned by the Walt Disney Company, this now ties WWE to the Disney behemoth, which Jeff Jarrett claims elevates the promotion to new levels.