ESPN closed a blockbuster deal to acquire some of the NFL’s most valuable media offerings, including NFL Network and broadcasting rights to the RedZone brand, after receiving regulatory approval, the two parties said late Saturday night. The deal will combine some of the most prominent destinations for football watchers and represents a major shift in the American sports media landscape.
As part of the deal, the NFL also will acquire a 10 percent stake in ESPN, which is owned by the Walt Disney Co.
“As we look to the future, NFL fans can look forward to expanded NFL programming, greater access to NFL Network, innovative Fantasy experiences and unparalleled coverage of America’s most popular sport,” the NFL and ESPN wrote in a joint statement.
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