Acquired

Episode 37: BAMTech, Disney and "the Biggest Media Company You've Never Heard Of”

10 May 2017

Audio

Description

Ben and David continue Acquired’s “tech and sports” mini-series with Disney’s 2016 acquisition of a minority stake (with the right to purchase a majority stake at a later date) in BAMTech, the internet streaming company originally founded as part of Major League Baseball in the early 2000’s. However the importance of this story goes deeper than just sports, with major ramifications for nearly every major technology company from Amazon to YouTube. Even if you’re not not sure if baseball’s played on a diamond or a gridiron, tune in as we swing for the fences in predicting the future of TV! Sponsors:WorkOS: https://bit.ly/workos25Sentry: https://bit.ly/acquiredsentryServiceNow: https://bit.ly/acquiredsnMore Acquired!:Get email updates with hints on next episode and follow-ups from recent episodesJoin the SlackSubscribe to ACQ2Merch Store!© Copyright 2015-2025 ACQ, LLCTopics covered include: What is BAMTech, and why is it, according to The Verge, "the future of television”?BAMTech’s origins as part of Major League Baseball's Advanced Media division ("MLBAM)”)MLBAM’s founding CEO Bob Bowman’s decidedly “non-tech” background, and growth into one of the most important tech leaders of the past 15 yearsInitial technology struggles and learnings from early streaming efforts (including a botched audio package of Ichiro Suzuki’s games with the Mariners for fans in Japan)Landing on a streaming model that works with the launch of MLB.tv in 2002/2003—three years before YouTube is founded! Improvement of the MLB.tv service and MLBAM’s streaming expertise over the next ten years through the rise of mobile, and simultaneous growth of MLBAM’s revenues to over $1B annuallyMLBAM’s initial deals to expand its streaming services beyond baseball, starting with ESPN in 2010, then WWE, the PGA, HBO and the NHLThe importance of media rights, and MLBAM’s transition from a simple tech/infrastructure provider to a full-fledged media company The decision to initiate a spin-off process for BAMTech from MLB in August 2015, and Disney’s $1B investment into the newly created spin-out company in August 2016Disney’s subsequent announcement that they’ll be working with BAMTech to create a direct-to-consumer ESPN streaming serviceBAMTech’s $300M deal with Riot Games in December 2016 for the media rights to League of Legends eSports content Bob Bowman’s announcement in February 2017 that he’ll be stepping back to from a day to day role, and hiring of former Amazon VP of Video Michael Paull as BAMTech’s new CEO Followups & Hot Takes: Facebook’s struggles with Instant Articles Microsoft killing Wunderlist (David is VERY sad) Instagram continues its torrid growth, passes 700M MAU Amazon’s new Look The Cloudera IPOConfirmation the ride sharing wars are far from over: Didi raises $5.5B in the largest private funding round ever The Carve Out: Ben: NYT’s 4th Down BotDavid: Wait But Why on Elon Musk’s “Wizard Hat"

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Acquired

Episode 37: BAMTech, Disney and "the Biggest Media Company You've Never Heard Of”

This episode hasn't been transcribed yet

Other episodes from Acquired

10 Years of Acquired (with Michael Lewis)

Coca-Cola

Acquired Live at Radio City Music Hall (Presented by J.P. Morgan)

Trader Joe’s

Google: The AI Company

Google

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