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10 August 2017

Disney dives further into BamTech with $1.58bn

Walt Disney Company has followed its $1bn investment in online streaming technology provider BamTech by upping its stake to 75% as it prepares to launch its own streaming service.

Author: Robert Lavine, News Editor

Entertainment and media group Walt Disney agreed on Tuesday to invest a further $1.58bn in portfolio company BamTech to take a majority stake in the US-based online video streaming technology provider.