Amazon In Talks To Purchase Stake In ESPN

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Amazon has joined Apple and Verizon with curiosity in shopping for a minority stake in ESPN.

All three firms would assist ESPN in creating a full direct-to-consumer model of the media entity. 

Final month, Iger mentioned Disney is open to promoting a part of ESPN to a strategic accomplice, as the corporate is “dealing head-on with a few of our largest challenges,” together with accelerating decline in linear attain.

The community is contemplating charging between $20 and $35 per thirty days for the direct-to-consumer model.

The NBA has its present media rights offers with ESPN and Turner expire in 2025.



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