ESPN and the NFL have reached a deal that will see the Disney-owned sports media company acquire NFL Network and certain other media assets owned and controlled by the NFL in exchange for a 10 percent equity stake in ESPN.

The agreement, which will see NFL media assets including NFL’s linear RedZone Channel, and NFL Fantasy, will allow the NFL to license to ESPN certain content and other intellectual property to be used by NFL Network and other assets.

“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 Bob Iger, Chief Executive Officer of The Walt Disney Company, promising the deal would "add to consumer choice," and "provi

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