the walt disney company Archive

Disney will invest $1B into MLB’s streaming video business

The Walt Disney Company just announced that it’s paying $1 billion for a 33 percent stake in BAMTech, the video streaming company created by Major League Baseball. As a result of the deal, BAMTech is also spinning out of MLB’s broader digital media business, MLB Advanced Media. BAMTech’s clients aren’t limited to baseball (they include HBO Now, the National Hockey League, the PGA Tour and the …