ESPN’s sports division is set to be sold to a private equity group led by Comcast.
The sale, first reported by Business Insider, is the latest step in a bid by Comcast to acquire a majority stake in ESPN, the most watched cable network in the United States.
ESPN has been on the market for a decade and could end up in Comcast’s hands.
ESPN was sold to Disney in 2011.ESPN was purchased by Comcast in 2011, after a deal with Walt Disney Company was struck to create the Disney Channel.
The deal included a 10-year, $5.9 billion package with Comcast and DirecTV.