FWIW, as previously reported ESPN is working to prepare for a different future as cable subscriptions decline. Disney (owner of ESPN) recently invested $1 Billion dollars for a 33% stake in BAMTech streaming technologies with an option to acquire a majority interest at a later date. “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,” Disney chairman and CEO Bog Iger said in announcing the pact.
