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Disney Paying $1B For Stake In Streaming Video Player BAM Tech

  • 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.”

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