Disney to Pay NHL $350M for Stake in Streaming Tech Platform

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The National Hockey League has agreed to sell its 10 percent stake of Disney Streaming Services for $350 million. Alex Weprin, in the Hollywood Reporter, reports that the league suffered significant losses due to the pandemic, and is looking to boost its cash flow.

Read Weprin’s entire article HERE

Major League Baseball owns 15% of Disney’s Streaming Services.

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David Keech
Author: David Keech

David Keech is a retired teacher and works as a sportswriter, sports official and as an educational consultant. He has reported on amateur sports since 2011, known as 'KeechDaVoice.' David can be reached at [email protected]