ESPN agrees to acquire NFL Network and media assets for 10% equity stake
ESPN and the NFL announced an agreement for ESPN to acquire NFL Network and other league media assets, including RedZone and NFL Fantasy, in exchange for a 10% equity stake in ESPN. The companies also agreed to license NFL content to ESPN, including three additional games per season for NFL Network; ESPN plans to integrate NFL Network into its direct-to-consumer service.
The agreement changes the ownership and distribution of NFL media assets, including the schedule of games shown on NFL Network.