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Disney Enters Seven-Year Multi-Platform Broadcast Deal With NHL

By John F. Heerdink, Jr.

As per reports, the National Hockey League and Walt Disney Co (DIS) have entered a partnership with seven-year TV, streaming, and media rights that will entertain with games with ESPN, ABC, and streaming platforms. The partnership will begin with the NHL’s 2021-22 season, with the exclusive coverage of the Stanley Cup Final on ABC in four of the seven years of the agreement. The financial terms of the deal were not disclosed, however, the deal is reportedly worth between $2 billion to $2.5 billion.

There will be 100 exclusive regular-season games per season across ESPN’s networks and streaming platforms. NHL’s out-of-market streaming package, with more than 1,000 games, will be available for fans with an ESPN+ subscription.

“I believe it is fair to say we were both satisfied with the arrangement that we reached and when I had this approved by the NHL owners on Monday unanimously, they were satisfied,” stated NHL Commissioner Gary Bettman 

The NHL’s existing 10-year $2 billion estimated broadcast deal with NBC expires at the end of the 2020-21 season.

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page. 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: NHL, Disney reach 'groundbreaking' seven-year multi-platform broadcast deal in Reuters)


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