The Disney-Fox deal is now on a glide path to completion. In other news, the NFL has reached a lucrative extension with Verizon, and NFL Network has suspended three analysts pending an investigation.
Disney-Fox Deal Now Imminent
Disney and Fox are expected to announce a deal in the coming days. Fox would sell Disney $60-70 billion in assets, including the Fox Sports regional sports networks — which are worth $22.4 billion alone, according to estimates cited last week by The Los Angeles Times. Disney, which is redoubling its commitment to streaming programming, would acquire a massive library of content (including incongruous fits like The Simpsons) and a potentially industry-changing slew of local sports TV rights. [Variety 12.11, L.A. Times 12.6]
NFL, Verizon, Reach Extension
The rights fee is double what Verizon is currently paying ($250M/year, per Sports Business Daily) and a tenfold increase over the deal’s original price tag in 2010 ($50M). Individually, NBC, FOX and CBS are now paying only twice as much to broadcast NFL games as Verizon is to air nonexclusive simulcasts. [NFL PR 12.11, Sports Business Daily 12.11]










