Espn to acquire nfl network and other media assets from the nfl in exchange for a 10% equity stake in espn

New york & burbank, calif.--(business wire)--espn, a subsidiary of the walt disney company (nyse: dis), and the national football league (nfl) today announced a non-binding agreement under which espn will acquire nfl network and certain other media assets owned and controlled by the nfl – including nfl's linear redzone channel, and nfl fantasy – in exchange for a 10% equity stake in espn. in addition to the sale of nfl network, the nfl and espn are also entering into a second non-binding agreem.
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