Disney has announced the 11 companies that will take part in this year’s Disney Accelerator and receive access to the company’s leadership team, mentorship and support, and among them is esports company aXiomatic, which already has assembled a powerful leadership team of its own. aXiomatic is an esports and gaming investment group co-chaired by three […]
ESPN has been dogged by dwindling subscriber numbers and clear signs that people are cutting the cable cord, but Disney CEO Bob Iger finally seems ready to embrace change at the sports network. One of the biggest problems plaguing the network has been a decline in viewers as people nix expensive cable packages in exchange […]
BAMTech, a software development company created by MLBAM, was developed about a year ago and has already been making some big moves. A few weeks ago, Disney purchased a one-third share of BAMTech, which gives BAMTech the opportunity to provide video and digital content for Disney, ABC and ESPN. Now, the company will team up with […]
The Walt Disney Company has announced they are acquiring a 33 percent stake of BAMTech. The deal will see Disney leverage BAMTech’s streaming and over-the-top (OTT) services to help launch an ESPN-branded “multi-sport” streaming service by the end of 2016. Disney will pay a total of $1 billion to acquire this one-third stake. They will pay in two […]
The Walt Disney Company just agreed to acquire a one-third stake in MLB Advanced Media. The move is part of Disney’s plan to enhance their video streaming services, and hopefully help curb their cord cutter problem. Bloomberg reported the deal yesterday after speculation began a few months ago. Disney’s purchase is said to value MLBAM at roughly $3.5 […]
