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Disney Buys Youtube Network Maker Studios

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First it was Marvel, then it was Lucasfilm and now who has The Disney Company bought up? The company  announced on Monday they have purchased Maker Studios, the multichannel Youtube network.

Maker Studios is one of the most successful internet entertainment providers with 55,000 channels, 380 million subscribers and a monthly viewership of 5.5 billion. They have created content with celebrities such as Snoop Dogg and Kevin Smith, however they are most famous for producing the popular Epic Rap Battles of History series. They are also the parent company of video viewing site Blip, the site that is home to a number of web shows like The Nostalgia Critic.

“Disney is synonymous with the best entertainment and is the ideal partner for us, strengthening our position as the leading player in online video,” said Ynon Kreiz, Executive Chairman and CEO of Maker Studios.

With a payment of $550 million dollars to the stock holders, Maker Studios will now be answering to the mouse for future content approvals. As of now, there are no reports of any changes or plans that Disney wishes to push through their newest purchase.

Source: Deadline

About The Author
William Wright
William Wright

Born in 1990. At the age of 17, he decided wanted to make movies and other pieces of entertainment. In 2013, he graduated from Shenandoah University with a 4 year degree in Mass Communications and a minor in Theater. Later that year, he enrolled into the The Factory Digital Film Program at The Douglas Education Center and graduated in September 2014. He hopes to one day become a writer, director, producer and occasional actor in various projects.

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