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
It’s Official: Disney Acquires Maker Studios For $500M
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