Disney buys YouTube powerhouse Maker Studios for $500 million
Even with the Marvel and Star Wars properties underneath Disney’s roof, there’s apparently nonetheless loads of room inside the Home of Mouse’s partitions. The leisure juggernaut has simply purchased YouTube hit-manufacturing unit Maker Studios (the outfit answerable for Epic Rap Battles of Historical past, The Getup and PewDiePie) for a cool $500 million in response to Reuters. What’s extra, the ultimate invoice of sale might go as excessive as $950 million ought to Maker hit an unannounced set of efficiency milestones after the acquisition. Whereas that is nonetheless an terrible lot of dough, it is solely a fraction of what the corporate paid for the likes of Captain America and that galaxy far, distant. Precisely what Disney will do with Maker’s reported 5.5 billion month-to-month views and fifty five,000+ channels is not clear but, however the buy ought to give Mickey a strong foot in one other streaming-video-big’s door.