Disney is moving away from Netflix to develop its own tech-savvy platforms. In August, the Walt Disney Company announced its partial acquisition of the startup BAMtech, to the tune of $1.58 billion. Disney plans to leverage the startup’s technology to launch two video streaming platforms, one for Disney content and another for sports, through a partnership with ESPN. The former will launch in 2019 while the latter is scheduled for a 2018 debut.
Disney is moving away from Netflix to develop its own tech-savvy platforms. In August, the Walt Disney Company announced its partial acquisition of the startup BAMtech, to the tune of $1.58 billion. Disney plans to leverage the startup’s technology to launch two video streaming platforms, one for Disney content and another for sports, through a partnership with ESPN. The former will launch in 2019 while the latter is scheduled for a 2018 debut.
