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Yahoo
26 minutes ago
- Yahoo
ESPN to Acquire NFL Network and Other Media Assets From the NFL in Exchange for a 10% Equity Stake in ESPN
Fans to Benefit from Increased Consumer Choice, Greater Accessibility, and Expanded High-Quality Programming and Content Offerings Through ESPN ESPN to Own and Operate NFL Network, With Plans to Fully Integrate it into ESPN's Upcoming Direct-to-Consumer Service NFL's RedZone Channel to Join The Walt Disney Company's Linear Networks Distribution Portfolio; and ESPN Fantasy Football to Combine with NFL Fantasy, Creating an Enhanced Offering and Broader Reach to Meet Global Demand NFL to Also License Games, NFL RedZone, NFL Films programming as well as Content and Other Rights to ESPN NEW YORK & BURBANK, Calif., August 06, 2025--(BUSINESS WIRE)--ESPN, a subsidiary of The Walt Disney Company (NYSE: DIS), and the National Football League (NFL) today announced a non-binding agreement under which ESPN will acquire NFL Network and certain other media assets owned and controlled by the NFL – including NFL's linear RedZone Channel, and NFL Fantasy – in exchange for a 10% equity stake in ESPN. In addition to the sale of NFL Network, the NFL and ESPN are also entering into a second non-binding agreement, under which the NFL will license to ESPN certain NFL content and other intellectual property to be used by NFL Network and other assets. These transactions between America's most popular sporting league and the world's most innovative sports media leader are designed to set a new standard for how professional football is delivered, experienced and celebrated by fans. "Today's announcement paves the way for the world's leading sports media brand and America's most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can," said Robert A. Iger, Chief Executive Officer of The Walt Disney Company. "Commissioner Goodell and the NFL have built outstanding media assets, and these transactions will add to consumer choice, provide viewers with even greater convenience and quality, and expand the breadth and value proposition of Disney's streaming ecosystem." "Since its launch in 2003, NFL Network has provided millions of fans unprecedented access to the sport they love," said NFL Commissioner Roger Goodell. "Whether it was debuting Thursday Night Football, televising the Combine, or telling incredible football stories through original shows and breaking news, NFL Network has delivered. The Network's sale to ESPN will build on this remarkable legacy, providing more NFL football for more fans in new and innovative ways." "This is an exciting day for sports fans," said Jimmy Pitaro, Chairman of ESPN. "By combining these NFL media assets with ESPN's reach and innovation, we're creating a premier destination for football fans. Together, ESPN and the NFL are redefining how fans engage with the game—anytime, anywhere. This deal helps fuel ESPN's digital future, laying the foundation for an even more robust offering as we prepare to launch our new direct-to-consumer service." Additional Details This new relationship brings together some of the NFL's premier media brands and fan-engagement platforms with ESPN's deep experience in producing and distributing high-quality and innovative sports programming. ESPN intends to deploy its resources and expertise in the development of NFL Network, distribution of the RedZone Channel and fantasy, to expand audience reach, increase accessibility and flexibility for consumers, drive innovation, and offer even more high-quality content to fans at highly competitive prices. As a result of this sale, NFL programming will be available on more platforms than ever before, including ESPN's upcoming direct-to-consumer ("DTC") service, while remaining on cable, satellite and leading streaming providers. ESPN's DTC offering will deliver an array of NFL content to subscribers. Under the terms of these agreements: NFL Network, including both linear and digital rights, would be owned and operated by ESPN and fully integrated into ESPN DTC, alongside traditional pay television distribution, increasing accessibility and flexibility for consumers and promoting innovation in sports programming. ESPN would own broad rights to the RedZone brand and distribute the NFL RedZone Channel to pay TV operators for continued inclusion into their sports packages. NFL Fantasy Football would merge with ESPN Fantasy Football, creating the official Fantasy season-long game of the NFL and one best-in-class digital experience, driving innovation and enabling broader reach to meet global demand. In total, ESPN's platforms will license an additional three NFL games per season to air on NFL Network as a result of today's news. In addition, ESPN will adjust its overall NFL game schedule, with four games (including some from overlapping windows) shifting to the NFL Network, which will continue to present seven games per season. The NFL will continue to own and operate its retained media businesses including properties such as NFL Films and key fan-facing platforms such as NFL+, the NFL Podcast Network, the NFL FAST Channel and the official sites for the league's 32 clubs. It will also continue to own, operate, and produce NFL RedZone, and retain the rights to distribute NFL RedZone digitally. The transactions are subject to the parties' negotiation of definitive agreements, various approvals including by the NFL team owners, and customary closing conditions. ESPN is 80 percent owned by ABC, Inc. (an indirect subsidiary of The Walt Disney Company) and 20 percent by Hearst. Forward-Looking Statements The terms "Company," "we," and "our" below and "Disney" above are used to refer collectively to The Walt Disney Company and the subsidiaries through which our various businesses are actually conducted. Certain statements in this press release may constitute "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations, beliefs and business plans; transactions for which conditions to close have not been satisfied, including entering into definitive agreements, regulatory or other approvals or other conditions; content, benefits and timing of future product offerings; consumer sentiment; and other statements that are not historical in nature. Any information that is not historical in nature is subject to change. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made. Management does not undertake any obligation to update these statements. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company or the discovery of additional information, as well as from developments beyond the Company's control, including: failure to enter into definitive agreements, obtain regulatory or other approvals or satisfy other conditions; other regulatory and legal developments; the availability of, and competition for, as applicable, programming, subscribers, talent and distribution channels; and consumer preferences and product acceptance. Additional factors are set forth in the Company's most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings with the Securities and Exchange Commission. View source version on Contacts ESPN: Katina 860.912.6643 ESPN: Derek 860.384.9986 Disney: Mike 818.560.4588 NFL: Alex 954.599.4154 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Buzz Feed
an hour ago
- Buzz Feed
Original "Freaky Friday" Cast: Then Vs. Now Photos
Freaky Friday, starring Lindsay Lohan and Jamie Lee Curtis, was released almost 22 years ago on August 6, 2003. Freaky Friday cemented itself as an iconic film not only in my heart, but in the hearts of an entire generation. As a 2000's teenager I was OBSESSED with this movie. (I still remember every song lyric from the song "Take me awayyyyyyyy.") From the perfect Y2K fashion, to the absolutely catchy bops, and the '90s heart about this movie is still *chef's kiss*. So, I was thrilled and delighted when Disney announced the sequel, Freakier Friday, comes out this Friday, August 8 (how fitting!). "I look like the crypt keeper!" The nostalgia factor started kicking in and it really got me wondering, what does the original cast from 22 years ago look like now? So, I took a bit of a trip down memory lane! I'll give you their younger version photo first from the original Freaky Friday and then the more recent photo. I'm telling you, some of this cast looks like they haven't aged a day. Here we go: Here's Lindsay Lohan as Anna. And here's Lindsay now. Here's Jamie Lee Curtis as Tess. And here's Jamie now. Here's Chad Michael Murray as Jake. And here's Chad now. Here is Mark Harmon as Ryan. And here's Mark in 2024. Here's Christina Vidal as Maddie. And here's Haley Hudson as Peg. Here they are now, Christina Vidal on the left and Haley Hudson on the right. Here is Julie Gonzalo as Stacey. And here's Julie now. Here is Stephen Tobolowsky as Mr. Bates. And here's Stephen in 2024. Here is Rosalind Chao as Pei Pei. And here's Rosalind now. Here's Lucille Soong as Pei Pei's mom. And here's Lucille now. Here's Ryan Malgarini as Harry: And here's Ryan now. Here's Harold Gould as Grandpa: And here's Harold in 2008. Harold passed away in 2010. Freakier Friday is in theaters on Friday, August 8th and watch the original on Disney+ now! And if you like what you see, check out BuzzFeed Canada's Instagram and TikTok!🎥🎥
Screen Geek
2 hours ago
- Screen Geek
'Winnie The Pooh' Voice Actor Slams R-Rated Horror Movie Adaptation
The classic Winnie the Pooh character is one of the most beloved storybook and animated characters of all-time. However, after slipping into the public domain, the character was reimagined as a horror movie villain in Winnie the Pooh: Blood and Honey . It started a trend that's led to other public domain characters to become similarly reimagined, and now classic Winnie the Pooh voice actor Jim Cummings has opened up to slam the R-rated adaptation of the character. Cummings went into detail about this new string of R-rated Winnie the Pooh horror movies while speaking in a recent interview at San Diego Comic-Con 2025. While he admitted to having only seen 'about 10 seconds of it,' Cummings still had strong feelings about the project and the trend it's started. Naturally as someone associated with the classic version, it's not something he believes should have 'much credit.' Here's what Cummings shared while talking to The Direct: 'It's… I don't really have an opinion of it. I saw about 10 seconds of it. And I think somebody always enjoys tearing down and stepping on somebody else's dreams and something that they love. And there's a… You know, it's kind of like the art movement out there. You've seen certain disgusting displays of things that people are calling art. And, I don't know, you know… I don't give it much credence. I don't give it much credit. It's easier to throw rocks than it is to carve out the 'pietà.'' Interestingly, while Cummings might not approve, that hasn't stopped the Winnie the Pooh: Blood and Honey films from being a success with other audiences. In fact, the films have not only done so well to launch their own film series, but they also prompted the creation of the Twisted Childhood Universe which includes other reimagined public domain stories including Peter Pan's Neverland Nightmare and Bambi: The Reckoning . As such, there are still plenty of other projects on the way, so we'll have to see what comes next from this particular series. Whether you like it or have strong criticisms like traditional Winnie the Pooh voice actor Jim Cummings, the Blood and Honey franchise is here to stay. Stay tuned to ScreenGeek for any additional updates regarding the Winnie the Pooh: Blood and Honey horror film series and any other titles from the Twisted Childhood Universe as we have them.
