Amazon Bids on Disney Owned Sport Networks

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You might be wondering why Disney doesn’t just keep these 22 sports networks and be the go-to sport TV network? Well, when Disney acquired Twenty-First Century Fox earlier this year, the Justice Department approved the sale on one condition: That Disney would sell (or in this case auction off) all the sports networks that came along with acquiring Twenty-First Century Fox.

The 22 networks have been estimated to be worth $14 Billion dollars. So, if Amazon does end up winning the bid war for all 22 networks, they will spending a very pretty penny. Amazon could also be the company to single handedly change the way consumers view and receive all sporting events and information. They would also put themselves into more direct competition with Hulu and Netflix when it comes to streaming content online.