Tech content trusted by users in North America and around the world
7,254 Reviews & Articles | 52,673 News Posts

Disney to launch sports streaming network, invests $1bn

Disney invests $1 billion in BAM Tech streaming company, planning ESPN streaming service
By: Sean Ridgeley | Online Video News | Posted: Aug 10, 2016 10:29 pm

Disney is buying one-third of revered streaming company BAM Tech -- which powers and -- at a cost of $1 billion.




The company's long-term plan with this move is to launch an ESPN-branded subscription-based streaming network (emphasis on branded, because it won't include current ESPN programming, but rather, separate, ESPN-type channels).


The network makes the most of any for Disney and it's already formed ESPN deals with cable and satellite companies, so understandably, it doesn't want to mess up a good thing. However, should the whole cordcutting thing really take off, Disney can easily shift its content.


Related Tags

Got an opinion on this news? Post a comment below!