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Disney Buys YouTube Network Maker Studios For $500M

Date:
March 25, 2014
Source:
Newsy / Powered by NewsLook.com
Summary:
Disney announced it will acquire Maker Studios. Reports say the buy could get Disney closer to millennial audiences and give Maker a larger platform. Video provided by Newsy


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last updated on 2014-10-22 at 11:24 am EDT

Disney Studios Makes $500M Bet on YouTube Provider Maker Studios

Disney Studios Makes $500M Bet on YouTube Provider Maker Studios

TheStreet (Mar. 25, 2014) — The Walt Disney Company is making a big move into online after agreeing to purchase one of YouTube's largest content providers, Maker Studios. Disney will pay $500 million upfront for the online video company, with up to $450 million in performance milestone payments. Why is Disney splashing cash on Maker? Its distribution market. Currently, Maker manages 55,000 channels which collectively receive 5.5 billion video views each month. Disney said the deal is expected to close in its third quarter. Video provided by TheStreet
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Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

TheStreet (May 19, 2014) — Google-owned YouTube is reportedly in talks to buy Twitch for as much as $1 billion, nearly as much as the $1.65 billion deal for YouTube itself in 2006. Here's why the largest internet name in the world would want a relatively obscure startup. First, Twitch is the leading online platform for gamers to stream and broadcast videogame play. The site boasts 45 million unique monthly users, one million of those who actively create and upload their own content. Second, Twitch is the fourth-largest source of broadband traffic in primetime hours, even beating out Facebook and Hulu. Finally, Twitch users' levels of engagement are higher than those who use YouTube. Video provided by TheStreet
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Bring the Grocery Store to Your Door

Bring the Grocery Store to Your Door

Howdini (Dec. 14, 2012) — Lots of grocery chains offer online supermarket shopping with delivery to your door. But do they help manage your buying? Personal tech expert Carley Knobloch reviews Alice.com which buys straight from the manufacturer, automatically applies discount coupons to your order, then delivers everything right to your door for free.
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Pakistan's Gaming Industry Breaks Culture Barriers

Pakistan's Gaming Industry Breaks Culture Barriers

AFP (Mar. 7, 2014) — In the shadow of Lahore's historical monuments, a new generation of video-game programmers is working away in brand new studios, giving a silicon valley feel to the Swat valley. Duration: 02:38 Video provided by AFP
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