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Disney is in talks for a stake in MLB's sports streaming company

Disney is in talks for a stake in MLB's sports streaming company

Walt Disney Co. is in talks to acquire a stake in the tech arm of Major League Baseball Advanced Media, which develops and manages the league’s digital products, including a popular streaming service, according to people with knowledge of the matter who were not authorized to comment publicly.

Disney is expected to acquire a one-third stake in the technology services unit of MLB Advanced Media, known as BAM Tech, valuing the company at about $3.5 billion, according to a person close to the negotiations.  

For Disney, the pact would give it a major beachhead in the sports streaming business at a time when consumers are migrating...

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