BAMtech

Disney loses a billion in streaming amidst Netflix worries

Disney lost more than a billion dollars last year, in a bid to capture the elusive streaming horizon. The company’s Hulu stake cost 580 million dollars to the company in equity investments. Similarly, its BAMtech investment in a streaming technology cost the company more than $469 million dollars. BAMtech helps Disney power ESPN+ and other over the top services. Disney’s own streaming service, Disney+ is likely to be launched in