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BT Is in Talks With Amazon, Disney on Sports TV Stake

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BT Group Plc is in talks to sell a stake or all of its sports-broadcast division, BT Sport, possibly to a U.S.-based media or tech giant, according to people familiar with the matter.

Potential bidders include Walt Disney Co., Inc. and the Len Blavatnik-backed sports streaming platform DAZN, said the people, who asked not to be identified because the deliberations are private. Lazard Ltd. is advising on the process, and it isn’t yet clear how much money a stake may fetch, the people said.