The owners of the NFL have approved the milestone deal with Disney that will give the NFL a 10% stake in ESPN.
Under the multi-million dollar deal, the NFL will sell NFL Network and other NFL media assets to Disney in exchange for a 10% equity stake in ESPN. While the deal has the sign-off of the NFL’s owners, NFL EVP of media distribution Hans Schroeder told reporters on Wednesday the deal has yet complete the necessary regulatory processes.
“There’s a number of steps in a transaction like this and a number of those steps we don’t control, so we’re going to do all that we can,” Schroeder said.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.imdb.com ’
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