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Universal Robina buys Snack Brands Australia for around $461m

2016-08-18 01:00:00| Food Processing Technology

Philippines-based snacks and beverage manufacturer Universal Robina has announced the acquisition of Snack Brands Australia (SBA) for A$600m ($460.86m).

Tags: australia brands universal buys

 

Alvin (Texas) district buys land for 10,000-seat stadium

2016-08-12 22:23:00| American School & University

The facility, situated in the Meridiana planned community south of Houston, is scheduled to open in 2018. read more

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Best Label buys second Gallus ECS 340 press

2016-08-12 15:00:00| Label and Narrow Web Breaking News

The clear packaging specialist took delivery of its first Gallus ECS 340 just eight months earlier.

Tags: press label buys ecs

 

Disney buys stake in BAMTech to start ESPN streaming service

2016-08-10 08:37:00| Telecompaper Headlines

(Telecompaper) The Walt Disney Company has agreed to buy a 33 percent stake in BAMTech, an OTT video delivery platform, for USD 1 billion. Formed by the Major League Baseball league to help deliver its games to consumers online, BAMTech provides direct-to-consumer streaming services, data analytics and commerce management, with nearly 7.5 million total paid subscribers to its clients' OTT products. The Disney investment will provide capital to accelerate growth of its proprietary video-delivery platform. Under the terms of the transaction, Disney will pay USD 1 billion in two installments, now and in January 2017, and has the option to acquire majority ownership in the coming years. BAMTech will become a key partner for Disney and collaborate with ESPN to launch and distribute a new ESPN-branded multi-sport subscription streaming service.

Tags: service start disney streaming

 

Disney buys stake in BAMTech to start ESPN streaming service

2016-08-10 01:20:00| Telecompaper Headlines

(Telecompaper) The Walt Disney Company is acquiring a 33 percent stake in BAMTech, a technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the transaction, BAMTech was separated from MLB's broader digital business, MLB Advanced Media (MLBAM). Under the terms of the transaction, Disney will pay USD 1 billion in two installments, now and in January 2017, and has the option to acquire majority ownership in the coming years.

Tags: service start disney streaming

 

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