Disney To Pay Up To $950M For YouTube Network Co.

Law360, Los Angeles (March 24, 2014, 10:03 PM EDT) -- Walt Disney Co. will shell out as much as $950 million to buy Culver City, Calif.-based YouTube network company Maker Studios Inc., the companies said in a statement Monday.

Maker, a multichannel network company that caters to millennials, claims more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on Google Inc.’s YouTube.

Maker’s Culver City, New York and London operations will remain largely intact in the deal, in which Disney will pay $500 million outright, with an additional $450 million on the...
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