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March 25, 2014 01:35 am GMT

Its Official: Disney Acquires Maker Studios For $500M

Media conglomerate Disney has taken a big step to embracing the new digital world of video, acquiring 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

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JtGXRv8FOKM/

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