A portion of the signage at the main gate of The Walt Disney Co. is pictured in Burbank, California May 7, 2012.
Walt Disney Co (DIS.N) has agreed to buy 33 percent stake in the video unit of Major League Baseball’s digital arm MLB Advanced Media in a deal valued at about $3.5 billion, Bloomberg reported, citing a person familiar with the matter.
Disney and Major League Baseball could not be immediately reached for comment.