Disney and NFL Seal Historic Media Alliance
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After years of negotiations, the NFL and Walt Disney (NYSE: DIS) have announced a groundbreaking media partnership: ESPN will now take over key media offerings from the NFL, including NFL Network, NFL Fantasy, and the rights to distribute the RedZone channel to cable and satellite providers. In return, the NFL will receive a 10% stake in ESPN. The agreement is not yet final and requires approval from NFL team owners as well as regulatory clearances. NFL Commissioner Roger Goodell emphasized that the right moment for this step has now come. Disney...
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