The Walt Disney Company today announced that it has invested $1 billion for a 33 percent stake in BAMTech, a company “leading” in technology services and video streaming. BAMTech was originally formed by Major League Baseball, but has now been separated from the broader MLB Advanced Media business as part of this transaction. As part of the partnership, BAMTech will become “a key partner for Disney in the delivery and support of streaming video and other digital products from Disney, ABC Television Group, and ESPN.”
Notably, BAMTech will work with ESPN to launch an ESPN-branded multi-sport streaming video service in the future…
more…Filed under: Apple
