Today during its latest earnings report, The Walt Disney Company announced that it will be acquiring majority ownership of BAMTech, LLC and starting its own streaming services. Disney will be pulling its movies from Netflix in the process. It will launch its ESPN-branded multi-sport video streaming service in early
Tag: bamtech
Disney Invests in MLB’s BAMtech
It has been reported that Disney has invested $1 billion into BAMtech technology by MLB. With this new investment, Disney now owns 33% of the video unit (along with MLB and NHL as other owners), with an option to become a majority owner within a few years. According to
