It’s Official: Disney Acquires Maker Studios For $500M
March 24, 2014 at 17:35 PM EDT
Media conglomerate Disney has taken a big step to embracing the new digital world of video, with the acquisition of YouTube network Maker Studios for $500 million, with a potential $450 million in performance-based earn outs. The acquisition, which was first reported by Re/Code, represents the largest acquisition of a YouTube multichannel network, and could spell more consolidation in the space.… Read More
