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Amazon in talks with Disney about ESPN streaming partnership - The Information

Published 08/24/2023, 06:37 PM
Updated 08/24/2023, 06:41 PM
© Reuters. FILE PHOTO-The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo
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(Reuters) - Amazon.com (NASDAQ:AMZN) is in early talks with Walt Disney (NYSE:DIS) Co about working on the streaming version of ESPN it is developing, while possibly also taking a minority stake in the sports network, the Information reported on Thursday, citing people familiar with the matter.

Disney and ESPN are still in the midst of determining an appropriate price for the new service, the report said.

ESPN is considering charging between $20 and $35 a month for the new streaming service, which could make it the most expensive streaming service in the U.S, the report added.

© Reuters. FILE PHOTO-The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol/File Photo

Amazon.com, Walt Disney and ESPN did not immediately respond to Reuters requests for comment.

In July, Disney CEO Robert Iger told CNBC that his company wants to keep ESPN and look for strategic partners to form a joint venture or buy a stake in the sports network to help take it directly to consumers.

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