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Expert Volunteer Property Professionals sought for the Ethical Property Foundation's Property Advice Service

2016-08-10 17:17:00| BIFM News

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BMW ReachNow car sharing adds Park and Fly service at Sea-Tac

2016-08-10 10:56:01| Green Car Congress

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Disney buys stake in BAMTech to start ESPN streaming service

2016-08-10 08:37:00| Telecompaper Headlines

(Telecompaper) The Walt Disney Company has agreed to buy a 33 percent stake in BAMTech, an OTT video delivery platform, for USD 1 billion. Formed by the Major League Baseball league to help deliver its games to consumers online, BAMTech provides direct-to-consumer streaming services, data analytics and commerce management, with nearly 7.5 million total paid subscribers to its clients' OTT products. The Disney investment will provide capital to accelerate growth of its proprietary video-delivery platform. Under the terms of the transaction, Disney will pay USD 1 billion in two installments, now and in January 2017, and has the option to acquire majority ownership in the coming years. BAMTech will become a key partner for Disney and collaborate with ESPN to launch and distribute a new ESPN-branded multi-sport subscription streaming service.

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Indian telcos claim Reliance Jio's 'trial service' amounts to full-blown commercial launch

2016-08-10 02:00:00| Total Telecom industry news

COAI members reportedly accuse new operator of choking their networks with outbound voice traffic.

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Disney buys stake in BAMTech to start ESPN streaming service

2016-08-10 01:20:00| Telecompaper Headlines

(Telecompaper) The Walt Disney Company is acquiring a 33 percent stake in BAMTech, a technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the transaction, BAMTech was separated from MLB's broader digital business, MLB Advanced Media (MLBAM). Under the terms of the transaction, Disney will pay USD 1 billion in two installments, now and in January 2017, and has the option to acquire majority ownership in the coming years.

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