A company would need a $4 billion or $5 billion buy-in for a 10 percent stake in ESPN.
The strategic partner for ESPN is expected to come from the tech world — with companies such as Apple, Amazon, Google, Microsoft, Verizon and T-Mobile all on the radar, The Post has learned.
When it does occur, ESPN the mothership will remain available on cable television and cord-cutters will be able to stream it directly.Jordan Strauss/Invision/AP With each household paying in the neighborhood of $10 per month, the company is still earning three quarters of a billion dollars per month in cable fees. That is still an insane amount of dough, but ESPN was once in more than 110 million homes.
ESPN already has the most rights deals of any company, which could, in practice, speed up Apple’s timeline. And ESPN would be able to handle the live-event and studio production, a division Apple does not currently have.
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