Why did Disney buy Maker Studios?
Maker was acquired because Disney “did not have the ability in the near term to distribute and sell as effectively” as the MCN, Iger said. “They had expertise in creating short form video that wouldn’t have been as deep as it could have been at Disney.”
Who did Disney buy Maker Studios from?
The Walt Disney Company
Maker Studios was acquired by The Walt Disney Company in 2014 for $500 million, and was absorbed into the newly formed Disney Digital Network in 2017….Disney Digital Network.
| Formerly | Maker Studios Inc. (2009–2017) |
|---|---|
| Founded | 2009 |
When did Disney buy Maker Studios?
2014
When Disney acquired Maker Studios in 2014 for about $675 million, it was hailed as a classic blend of new and old—a 93-year-old animation and movie house with a powerhouse brand, combined with a nimble startup specializing in monetizing user-generated videos on YouTube.
Is Maker Studios owned by Disney?
It wasn’t one thing that transformed Maker Studios from a Disney princess to a pumpkin — there were a whole lot of many things. Times were better for the YouTube network in March 2014, when Disney had decided to buy the company for $500 million.
When did Maker Studios become part of Disney?
Maker Studios was acquired by The Walt Disney Company in 2014 for $500 million, and was absorbed into the newly formed Disney Digital Network in 2017. Outside the US, Maker has significant audiences in the UK, Brazil and Australia, and aims to expand its Asian operations, where it currently has 700 million monthly unique views.
Who are the co-founders of Maker Studios?
It is the successor to Maker Studios, co-founded by Lisa Donovan, Danny Zappin, Scott Katz, Kassem Gharaibeh, Shay Carl, Rawn Erickson II, Ben Donovan, and Philip DeFranco in 2009. Maker Studios was acquired by The Walt Disney Company in 2014 for $500 million, and was absorbed into the newly formed Disney Digital Network in 2017.
When did Walt Disney buy out Paramount Pictures?
Marvel: December 31, 2009 $4 billion Distribution rights by Walt Disney Studios Motion Pictures started in 2012 after buying out Paramount Pictures: Lucasfilm: December 21, 2012 $4 billion Dating back to the 1980s, Disney had the exclusive theme park rights for Lucasfilm’s franchises. Maker Studios: 2014 $450 million
When did the Walt Disney Company become a company?
The Walt Disney Company was founded in 1923 and since 1996 has acquired many properties to increase its size in the media industry. The table shows the most substantial and important acquisitions that Disney has made over the years.
