Discovery Communications Partners With BAM Tech To Form BAM Tech Europe

Discovery Communications has partnered with BAM Tech to form BAM Tech Europe, a "streaming-video technology provider catering to broadcasters and OTT players across the continent," according to Todd Spangler of VARIETY. Under the pact, Eurosport Digital will become BAM Tech Europe’s "first client." The joint venture will "gain access to select European sports rights from worldwide sports properties, including current and future rights acquired by BAMTech and jointly by Eurosport and BAMTech." The deal comes two months after Disney set a deal to acquire a 33% stake in BAM Tech for $1B. Discovery and BAM Tech "didn’t disclose how much they’re investing in BAMTech Europe, or provide other financial details." BAM Tech’s "back-end video platform and services will be implemented" in '17 across all of Eurosport Digital’s products, which today "include Eurosport.com and Eurosport Player, a subscription-based OTT sports platform spanning 52 European countries" (VARIETY.com, 11/1).