Disney is shaking up the streaming world.

On Tuesday night, the Walt Disney Company's subsidiary ESPN announced a deal with the NFL, which will acquire the NFL Network, NFL RedZone and NFL Fantasy, among other media assets, The New York Times explained.

In exchange for this, the NFL will receive a 10-percent equity stake in ESPN.

“This is a gigantic leap forward for ESPN as it gets ready to launch its service,” Disney's Chief Executive Robert A. Iger explained, according to the outlet.

ESPN also announced the release of its new streaming service. It will cost subscribers $30 a month and will launch on Aug. 21.

The network noted that the direct-to-consumer streaming service's launch coincides "with the start of the college football and NFL seasons, US Open tennis, international soccer,

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