News of Note—ESPN, UFC, E.W. Scripps and Verizon

news of note
(stevepb / Pixabay)

Here are the stories we're following this morning:

> ESPN has struck a deal for a second portion to the package currently held by Fox Sports that will bring the total cost in the neighborhood of $300 million per year for five years, totaling $1.5 billion. Variety report

> E.W. Scripps will transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective after market close on June 1, 2018. Release

> Verizon is no longer thinking about joining the vMVPD race with its own service, but is rather looking to partner with an existing MVPD and package its product with its own Oath-branded content and deliver it all via 5G. FierceCable article

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