Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

View basic rules for our forums

Disney To Buy Youtube Network Maker Studios For $500 Million

Ron Burgundy

By Ron Burgundy,
in Tech News

 Share

Recommended Posts

Ron Burgundy Omniscient Member

Ron Burgundy

Posted
Posted

Founder of Maker Studios Shay Carl arrives at the U.S.-Ireland Alliance pre-Academy Awards event in Santa MonicaBy Ronald Grover LOS ANGELES (Reuters) - The Walt Disney Co has agreed to buy Maker Studios, one of YouTube's largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. The price tag could rise to $950 million if Maker hits certain performance milestones, Disney said, confirming what a source told Reuters earlier on Monday. Maker, founded in 2009, is one of the largest video production networks on Google Inc's YouTube. Its producers target the younger millennial generation, known for its high appetite for online video.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing