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.