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

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 math teacher in Wisconsin Rapids and public address announcer for Abbotsord High School. He officiates basketball, baseball, and softball in central Wisconsin. He has reported on amateur sports since 2011, known as 'KeechDaVoice.' David can be reached at [email protected]