Disney has struck a deal with Major League Baseball to acquire a one-third stake in the league’s MLB Advanced Media technology arm for about $3.5 billion, Bloomberg reported. Under the terms of the pact, Disney has a four-year option to buy an additional 33% stake in MLBAM, according to the report, which cited an anonymous source. WME-IMG... Read more »
SOURCE: Variety at 07:31PM on June 30, 2016