- June 24, 2021
- Posted by: Stratford Team
- Category: Business
Goldman Sachs brought in to explore options for NFL Network, RedZone and NFL.com.
- NFL looking to align TV and digital holdings with larger media and tech companies, the WSJ reports
- League “anticipate speaking to a number of interested parties”, says NFL spokesman
- NFL Network currently in 56.2m households, according to Sportico
The National Football League (NFL) is exploring a potential sale of its media business, including NFL Network, RedZone and NFL.com.
Goldman Sachs has been hired by the league to explore various options for the league’s media properties, including the sale of one or more minority stakes in the business, according to The Wall Street Journal (WSJ).
The WSJ report adds that the decision from the NFL to seek partners is motivated by the league’s belief that its TV and digital holdings will benefit from being aligned with bigger media and technology companies, as opposed to continuing as…