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Published · transcript-backed

Ben Gilbert: evaluation

10 May 2017 Acquired BAMTech, Disney and "the Biggest Media Company You've Never Heard Of”

“A lot of listeners are probably familiar but that basically refers to the idea that #1, I think OTT is like the stupidest name of all time.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
10 May 2017
Publisher
Acquired

Transcript context

…Yeah. And don’t forget, BAM by now is not just direct TV style streaming. It’s all of the apps. They’re on every device with all different types of experiences from highlights to stats overlays and data through to full video. And I want to make two points here that I think I just want to make sure before we move on. One is that I don’t know if we disclosed the enterprise value of BAMTech at spinout when Disney bought a third of it was $3.5 billion. So think about that, initially capitalized with 77 million inside of Major League Baseball spun out at a value of $3.5 billion. The other thing that I want to clarify is we keep talking about this over-the-top service. A lot of listeners are probably familiar but that basically refers to the idea that #1, I think OTT is like the stupidest name of all time. But everyone’s talking about the move to OTT services. This is like my doctrine that it’s not a wave as long as you have a title for it that your average person doesn’t understand.…

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