Disney Eyes Stake in Major League Baseball Video Tech

Recode: Disney is said to be willing to write a very big check to invest in BAM Tech, the video tech business that pro baseball’s MLB Advanced Media unit would like to spin off. Industry sources believe Disney is looking to acquire as much as one-third of BAM Tech, at a valuation approaching $3 billion, with “path to control” that would eventually allow it to acquire a controlling interest in the business. That is: Disney would be paying up to $1 billion for its stake in the company.