Amazon is in talks to stream live sports, report says – CNBC
Disney, the parent company of ESPN, saw shares fall 0.6 percent on Monday, while Amazon shares closed 2.6 percent higher. CNBC has reached out to Disney and Amazon for comment. The NFL declined to comment.
Amazon announced aggressive plans earlier this year to build out its video content platform, saying it would double its video content spending and triple its spending on original content in the second half of 2016. Amazon joins fellow tech titans like Twitter and Facebook, who have also looked to sports to bolster their video offerings this year.
But these companies may face a challenge, since many broadcasters already have long-term deals to air the games, the Journal reported.
—CNBC’s Julia Boorstin and Mike Newberg contributed to this report.
Disclosure: CNBC’s parent company, NBCUniversal, also owns NBC, which broadcasts sports like NFL games.