- Re/code, Wednesday, August 10, 2016 12:42 PM
Disney is paying $1 billion in exchange for a third stake in streaming video company BAM Tech. Long term, the entertainment giant plans to “launch what it calls an ESPN-branded subscription
streaming service that … won’t include ESPN,” Recode reports. “The deal values BAM Tech, backed by Major League Baseball, at $3 billion.”
Read the whole story at Re/code »