Home All Stories Walt Disney Co. buys stake in video streaming service BAMTech

Walt Disney Co. buys stake in video streaming service BAMTech

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The Los Angeles Times reports “Walt Disney Co. took a bold step to secure the digital future of ESPN, acquiring a stake in BAMTech, a video streaming company created by Major League Baseball.

Confronted with investor unease over a slowdown in growth at the lucrative sports TV network, Disney announced Tuesday that it would pay $1 billion for a 33% stake in BAMTech.” Read More

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