Walt Disney Company has acquired a 33% stake in BAMTech, a technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the deal, BAMTech has been separated from MLB’s broader digital business, MLB Advanced Media (MLBAM). Disney will pay $1 billion in two instalments between now and in January 2017, and has the option to secure majority ownership in the coming years. According to Disney, its investment in BAMTech – already a global leader in … [Read more...] about Disney buys into streaming company