ESPN swallowing NFL RedZone, Hulu getting integrated and Wrestlemania: Disney's big streaming swings, explained
Briefly

Disney has announced a significant integration of Hulu's operations into Disney+, aiming to create a unified streaming app that offers branded content alongside general entertainment, news, and sports. This initiative follows a strategic asset swap with the NFL, granting the league a 10% stake in ESPN, estimated to be worth between $2 billion and $3 billion. As part of this deal, ESPN will gain broadcast rights to additional NFL games and various streaming assets. Additionally, a new $1.6 billion agreement with WWE positions ESPN as the exclusive platform for major WWE events, further diversifying Disney's sports content portfolio.
Disney's strategy is to merge Hulu into Disney+, creating a unified app experience that combines branded and general entertainment, news, and sports for subscribers.
The NFL has gained a 10% stake in Disney's ESPN division, valued between $2 billion and $3 billion, through a strategic asset swap.
ESPN will acquire rights to three more NFL games and additional content like the NFL Network and NFL RedZone, enhancing its appeal to viewers.
Disney has secured a $1.6 billion deal with WWE, making ESPN the exclusive home for WWE Premium Live Events, emphasizing its focus on live sports entertainment.
Read at Fortune
[
|
]