Disney-owned ESPN will acquire the NFL Network and other assets through a stock swap.

The National Football League will sell most of its media business to The Walt Disney Company in exchange for a 10% stake in Disney's sports television channel ESPN, further deepening the relationship between the league and one of its primary broadcasting partners. According to a statement on Tuesday, the assets being sold include the subscription-based football highlights service NFL RedZone and the NFL Network cable television channel. Disney will also gain more broadcasting rights for NFL games. As the deal is reached, ESPN is preparing to launch a new streaming service named "ESPN" that will cost $30 per month, allowing sports fans to watch all of the company's traditional television channels. Disney will also bundle the new ESPN service with Hulu and Disney+, charging $36 per month, with a promotional first-year price of $30 per month. Users who subscribe to ESPN through cable or satellite television will receive the streaming version for free.