Disney Unveils $1 Billion Streaming Deal, ESPN Online

Bloomberg: Disney said it will pay $1 billion for a one-third take in BAMTech, a technology and streaming business formed by Major League Baseball, and launch a new web-based ESPN service this year. The company also said networks including ESPN and the Disney Channel will be part of a new online video service planned by AT&T’s DirecTV division. “This is a whole new world.”