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

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: Vanta: https://bit.ly/acquiredvanta ServiceNow: https://bit.ly/acquiredservicenow26 Legora: https://bit.ly/acquiredlegora Statsig: https://bit.ly/acquiredstatsig26 More Acquired! Get email updates with hints on next episode and follow-ups from recent episodes Join the Slack Subscribe to ACQ2 Merch Store ! © Copyright 2015-2026 ACQ, LLC Topics 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 years Initial 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 annually MLBAM’s initial deals to expand its streaming services beyond baseball, starting with ESPN in 2010, then WWE, the PGA,  HBO and  the NHL The 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 2016 Disney’s subsequent announcement that they’ll be  working with BAMTech to create a direct-to-consumer ESPN streaming service BAMTech’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 IPO Confirmation 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 Bot David: Wait But Why on Elon Musk’s “Wizard Hat"