ESPN Confirms a New Standalone Streaming Service

ESPN-Red-Logo-largeThe Walt Disney Company today announced that it is acquiring a 33% stake in BAMTech, a leading 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).

As part of this deal, BAMTech will become a key partner for Disney in the delivery and support of streaming video and other digital products from Disney|ABC Television Group and ESPN, as well as future digital initiatives across the Company.

“Our investment in BAMTech gives us the technology infrastructure we need to quickly scale and monetize our streaming capabilities at ESPN and across our company,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We look forward to working closely with BAMTech as we explore new ways to deliver the unmatched content of The Walt Disney Company across a variety of platforms.”

Commissioner of Baseball Robert D. Manfred, Jr. stated, “Every day the powerful partnership of technology and content becomes more important to consumers. We are excited to get to work with Disney and our longtime partners at ESPN in the important and ever-changing area of content distribution.”

BAMTech will also collaborate with ESPN to launch and distribute a new ESPN-branded multi-sport subscription streaming service in the future. The direct-to-consumer service will feature content provided by both BAMTech and ESPN, and include live regional, national and international sporting events.

Current content on ESPN’s linear networks will not appear on the new subscription streaming service.

“Bringing a multi-sport service directly to fans is an exciting opportunity that capitalizes on BAMTech’s premier digital distribution platform and continues ESPN’s heritage of embracing technology to create new ways to connect fans with sports,” said John Skipper, ESPN President and Co-Chair, Disney Media Networks. “As WatchESPN continues to grow and add value to the multichannel video subscription, this new service will be an outstanding complement.”

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9 Responses to ESPN Confirms a New Standalone Streaming Service

  1. Avatar
    Chaz Smith August 9, 2016 at 6:24 pm #

    This will need to be affordable. When you start adding up Netflix, HBO Now, CBS Access or whatever your choice is it’s going to start being expensive again. Of course, not to mention the IP service of choice added on to the bill. Basically, the most logical step is to pay monthly only when you’re going to watch it, otherwise don’t pay for it. I did that with HBO Now after “Game Of Thrones” ended for the season (we can catch up on other shows later when we activate again). Canceled CBS Access until we need it again. I think this is the smarter approach now that we are starting to see the SASSies explode. You can get them in Sling or PlayStation Vue but it could be less likely to cancel a whole package after a short time. Part of my cord cutting strategy is just not simply getting away from the cable company but more about how much can I not spend and relatively get the content I want or need at the lowest price, if at any price… period. The cable companies are nickle-and-dime-ing you every chance they get. I’m not going to let all these SASSies start piling on the bill. I can get the Saints and my other sports shows through OTA. I’ve watched the Olympics just by simply watching what NBC is airing and catching up on what I’ve missed on the internet. Being a cord cutter is not just sitting on the couch and watching your 55″ HDTV but also your smart phone, tablet and home computers. There are so many free options when it comes to watching sports or any other kinds of content. By the way, does the cable company get any kick back on this or are they just totally out in the cold?