Aug 1 (Reuters) - The NFL and Disney's ( DIS ) ESPN ( DIS ) have
reached a deal, potentially worth billions, placing many of the
league's media holdings with the sports network in exchange for
equity in ESPN ( DIS ), the Athletic reported on Friday.
ESPN ( DIS ) is expected to have access to RedZone, NFL Network,
seven more regular-season games and the NFL's fantasy football
business, the report said, citing sources briefed on the
agreement.
There is also a possibility of integrating special features,
including betting, and potentially more assets too.
The four-year on-and-off discussions have led to what is
said to be a complicated agreement, the Athletic report said. An
official announcement is expected next week.
Disney ( DIS ) is set to report results on Wednesday.
ESPN ( DIS ) declined to comment while the NFL did not immediately
respond when contacted by Reuters.
The news of the deal comes as Disney ( DIS ) is set to launch its
new streaming service, named ESPN ( DIS ), this fall, providing access
to ESPN ( DIS ) networks, including professional and college football
and basketball games.
The new service will cost $29.99 per month and is part of
the media company's effort to tap sports fans who have never
subscribed to traditional television.