LOS ANGELES, Aug 5 (Reuters) - Walt Disney's (DIS.N) ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports network, the parties said on Tuesday.

Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.

The National Football League will sell most of its media businesses to Walt Disney Co. in exchange for a 10% stake in the ESPN sports networks, deepening the ties between the league and one of its top broadcast partners.