Just weeks after spinning off from Major League Baseball Advanced Media and securing a $1 billion buy-in from Disney, streaming shop BAMTech has announced a partnership with Sliver Chalice Ventures, operator of the ACC Digital Network.
Financial terms of the deal were not disclosed, but BAMTech will now become the distributor of ACC Digital Network and Campus Insiders, digital video platforms that live-stream 3,000 sporting events each year.
The deal adds another significant content partner for BAMTech, which is now overseeing the launch of an ESPN-branded live-streamed channel for Disney, as well as the entire streaming portfolio for the National Hockey League.
"Silver Chalice has focused on building partnerships with rights-holders, producing compelling content and delivering it to college sports fans where they want it, when they want it. Our networks are built to sit at the intersection of great content and powerful technology, providing our rightsholders, partners, sponsors and viewers access to the best possible experiences," said Brooks Boyer, CEO of Silver Chalice Ventures, in a statement.
"BAMTech has established itself as a global leader in distributing live and video on demand content across every platform,” Boyer added. “Having BAMTech as both an equity and technology partner creates innumerable new opportunities to explore and leverage rights in the ever-changing media landscape."
Earlier this month, Disney announced that it was paying $1 billion to acquire a one-third stake in streaming tech shop BAMTech, which also provides services for HBO and WWE.
“Our investment in BAMTech gives us the technology infrastructure we need to quickly scale and monetize our streaming capabilities at ESPN and across our company,” said Disney Chairman and CEO Robert Iger. “We look forward to working closely with BAMTech as we explore new ways to deliver the unmatched content of The Walt Disney Company across a variety of platforms.”
- read this BAMTech press release
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