Amazon.com is in early talks with Walt Disney Co about engaged on the streaming model of ESPN it’s growing, whereas probably additionally taking a minority stake within the sports activities community, the Information reported on Thursday, citing individuals aware of the matter.
Disney and ESPN are nonetheless within the midst of figuring out an applicable worth for the brand new service, the report stated.
ESPN is contemplating charging between $20 and $35 a month for the brand new streaming service, which might make it the costliest streaming service within the U.S, the report added.
Amazon.com, Walt Disney and ESPN didn’t instantly reply to Reuters requests for remark.
In July, Disney CEO Robert Iger advised CNBC that his firm desires to maintain ESPN and search for strategic companions to type a three way partnership or purchase a stake within the sports activities community to assist take it on to shoppers.
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Source: economictimes.indiatimes.com