Disney Buys More Streaming Control

Reuters) – Walt Disney Co (DIS.N) disclosed on Tuesday that it has taken full control of BAMTech, a video-streaming firm spun off from Major League Baseball’s digital media company MLB Advanced Media.

Disney earlier this month purchased the remaining stake in BAMTech from Major League Baseball for $900 million, the company said in a SEC filing.

Previous to the transaction, streaming technology services provider BAMTech was owned 85% by Disney and 15% by Major League Baseball (MLB).

BAMTech provides the streaming platform for such entities as Worldwide Wrestling Entertainment and Warner Bros Discovery Inc’s HBO.

2 thoughts on “Disney Buys More Streaming Control

    1. You know, that came from a release. I thought it was wrong. I am a WWE fan. Thanks for reading and commenting. We are counting down to the Royal Rumble in my house. 🙂

Comments are closed.