In case people don't know:
DECEMBER, 2016 Riot games announced a nre streaming platform deal with BAMtech, the deal was reported to have a value of 300 million $ for a duration of 6 years, more or less 50 million per year.
MARCH, 2017 Riot said that the platform is "Coming soon"
APRIL, 2017 Riot sent a contract proposal to third-party companies, asking for a white-label production of the non-English broadcasts of its different leagues, this contract proposal included the BAMtech platform as a transmission destinations for the broadcast.
AUGUST, 2017 A source told DotEsport, that "The reason the new technology hasn't been launched yet is due to issues with its technical implementation, as well as financial troubles".
That same month, Disney officially acquired majority ownership of BAMTech, still no information was given by Riot if this would change something about the deal or at least delay it more, even though it was known that Disney was trying to develop their own streaming platform to compete with Netflix.
And that was 8 Months ago, the NA LCS Franchise has started, the first split has ended, and so far, not a single word about the biggest franchise deal, but also the only broadcast deal for the franchise.
>The newly formed Endeavor Streaming products and services division has announced wrestling-entertainment mainstay WWE as a marquee client.
>Previously, WWE had relied on BAMTech, now called Disney Streaming Services, to deliver its over-the-top WWE Network subscription service since its launch in early 2014. WWE’s agreement with Disney Streaming Services expired at the end of 2018 and WWE opted to not renew that deal.
>WWE also Monday announced a partnership with Massive Interactive, a user-interface design firm recently acquired by Deltatre, which together with the Endeavor Streaming pact is “part of our evolving strategy to own more of the WWE Network technology stack,” WWE said in a statement.
>The Endeavor Streaming group combines the talent agency and media company’s internally developed video platform technology with NeuLion, a technology product and service provider specializing in digital video broadcasting, distribution and monetization. Endeavor acquired NeuLion for $250 million in March 2018. With the formation of Endeavor Streaming, the NeuLion brand name will be discontinued.
>According to Endeavor, along with WWE, the streaming group recently signed customers including the U.K.’s BT Sport Box Office service and OSN, an entertainment network serving the Middle East and North Africa.
>Endeavor Streaming’s clients also include the NFL, NBA, Euroleague, Univision, Sportsnet, Sky Sports, MSG, National Geographic, and Big Ten Network. In addition, the group will continue supporting the streaming products of Endeavor-owned properties including UFC’s UFC.TV and Fight Pass and PBR’s Ride Pass.
So Disney bought some more of BAMTech yesterday, putting about $52 million on top of $33 million from the beginning of the season in Nutting's pocket. Will any of that go into next years budget or Nutting's vault?
https://twitter.com/Thooorin/status/998619197830848512
So the fuck is it? there was a 300 mil deal on the line for riot and it just vanished
