Walt
Disney
's ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports network, the parties said on Tuesday.
The deal, which ESPN said would bolster the offerings on its upcoming ESPN streaming service, is subject to regulatory approval. Financial terms were not disclosed.
ESPN also will acquire NFL Fantasy, a digital offering, and will gain the rights to distribute the NFL RedZone television channel to its cable and satellite television customers...