Disney’s ESPN Valued at $30B After Expansive NFL Deal

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Source: The Hollywood Reporter
Disney’s ESPN Valued at $30B After Expansive NFL Deal
Photo: The Hollywood Reporter
TL;DR Summary

Disney’s ESPN is valued at about $30 billion after a megadeal that gives Disney a majority stake in ESPN (roughly 72%) while the NFL holds a 10% stake and options to adjust ownership; Disney will fully own NFL Network and integrate RedZone into ESPN’s lineup, with rights and branding tied to ESPN streaming and fantasy products. The NFL can reacquire its stake after July 2034 and may buy up to an additional 4% later. Disney’s Q1 results show ESPN revenue of about $4.9 billion and operating income of $191 million, underscoring continued pay-TV headwinds highlighted by a recent blackout on YouTube TV.

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