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December 06, 2006
Disney to Buy North American Sports Network
Walt Disney Co. agreed to buy a London-based cable television channel that has rights to sports leagues including the National Football League, Major League Baseball and National Hockey League, according to a media report Tuesday. Disney said it agreed to buy NASN Ltd., also known as North American Sports Network, from private-equity firm Benchmark Capital Europe and Setanta Sports Holdings Ltd., a sports broadcaster based in Ireland, according to the report. NASN says it has 6 million subscribers in 25 countries across Europe. ESPN plans to put its name on NASN at some point and broadcast ESPN sports news and talk shows from the U.S.
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