wolves82
Highly Respected Expert
How many of you know about MLBAM? MLBAM is "MLB Advanced Media", and it is the technology arm of the MLB.
Back around the year 2000, the 30 MLB team owners wisely invested $77 Million (about $2.5M per team) to get MLBAM going, and they developed a great streaming technology that powered MLB.tv. The technology was so good that they acquired rights to NHL live streaming and eventually sold a 33% share of MLBAM to Disney for $1.1 Billion in 2016. Money went to the MLB owners for a nice ROI.
Forbes calls MLBAM "the largest media company you have never heard of". As a limited partnership, they are not publicly traded but media industry experts assume MLBAM is over a billion dollars per year in revenue, easily. They power streaming services for Disney, HBO, ESPN and many more. They had a video game division, not sure if it is still alive. All owned in partnership by the MLB owners.
Oddly, I cannot find anything written in the last few years about MLBAM. Maybe they quietly sold it for a fortune? Or they continue to quietly produce huge revenues annually? Either way, if your Dolan, Nutting or Castellini ownership groups want to cry poor and not spend money on players, just know they are not being truthful.
Back around the year 2000, the 30 MLB team owners wisely invested $77 Million (about $2.5M per team) to get MLBAM going, and they developed a great streaming technology that powered MLB.tv. The technology was so good that they acquired rights to NHL live streaming and eventually sold a 33% share of MLBAM to Disney for $1.1 Billion in 2016. Money went to the MLB owners for a nice ROI.
Forbes calls MLBAM "the largest media company you have never heard of". As a limited partnership, they are not publicly traded but media industry experts assume MLBAM is over a billion dollars per year in revenue, easily. They power streaming services for Disney, HBO, ESPN and many more. They had a video game division, not sure if it is still alive. All owned in partnership by the MLB owners.
Oddly, I cannot find anything written in the last few years about MLBAM. Maybe they quietly sold it for a fortune? Or they continue to quietly produce huge revenues annually? Either way, if your Dolan, Nutting or Castellini ownership groups want to cry poor and not spend money on players, just know they are not being truthful.