Amazon In Talks With Disney About ESPN Streaming Partnership
Jeff Bezos is exploring the possibility of acquiring a minority stake in the sports network.
Amazon and Disney are in discussions to develop a streaming service for ESPN, the British news agency Reuters reports. The companies are exploring the option of Amazon buying a minority stake in the sports network.
According to the same Reuters report, ESPN is considering a monthly charge of $20 to $35 for its new streaming service. This could potentially make it the most expensive streaming service in the United States. Disney and ESPN are currently in the process of determining a suitable price for the new service.
Disney CEO Robert Iger announced plans in July to retain ownership of ESPN while seeking strategic partnerships for a joint venture or acquisition to facilitate direct consumer access. “We’re going to be open-minded… not necessarily about spinning ESPN off but looking for strategic partners that can help us with distribution or content,” Iger said. “We want to stay in the sports business.”
Source: Reuters
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Jeff Bezos is exploring the possibility of acquiring a minority stake in the sports network.
Amazon and Disney are in discussions to develop a streaming service for ESPN, the British news agency Reuters reports. The companies are exploring the option of Amazon buying a minority stake in the sports network.
According to the same Reuters report, ESPN is considering a monthly charge of $20 to $35 for its new streaming service. This could potentially make it the most expensive streaming service in the United States. Disney and ESPN are currently in the process of determining a suitable price for the new service.
Disney CEO Robert Iger announced plans in July to retain ownership of ESPN while seeking strategic partnerships for a joint venture or acquisition to facilitate direct consumer access. “We’re going to be open-minded… not necessarily about spinning ESPN off but looking for strategic partners that can help us with distribution or content,” Iger said. “We want to stay in the sports business.”
Source: Reuters
