Disney Pays $900M for MLB’s Remaining Stake in Streaming Company BAMTech

The Walt Disney Co. has officially acquired 100 percent of BAMTech, the streaming video technology company that it acquired majority ownership of in 2017 from Major League Baseball.

According to a footnote in the company’s annual report, which it filed Tuesday, Disney paid Major League Baseball $900 million for its 15 percent stake in the company, now known as “Disney Streaming,” earlier in November.

Disney and the sports league had the right to force a buyout of the stake based on its fair market value beginning earlier this year. Disney had bought the National Hockey League’s 10 percent stake in BAMTech for $350 million last year.

Disney this month has paid MLB $900 million for the remaining 15% of BAMTech it didn't already own following a series of prior deals. So when your favorite team cries poor this winter, keep in mind they're each due another $30 million windfall from this.

— Eric Fisher (@EricFisherSBG) November 29, 2022