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  1. #1

    • Pilot EdForceOne
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    Disney drops $500 million to buy a youtube content creator

    Well more big spending by iger.. but not in the theme parks

    http://news.yahoo.com/disney-buy-you...--finance.html

    LOS ANGELES (AP) Disney is buying Maker Studios, an operator of YouTube video channels, for $500 million, as consumers watch more videos online.

    The purchase gives Disney ownership of 55,000 channels with 380 million subscribers and 5.5 billion views per month.

    Disney CEO Bob Iger said in a statement Monday that short-form online video is growing fast. He says the acquisition puts Disney at the center of a dynamic industry
    500 million?
    Check out my blog - Coreplex: Rambling from inside the Grid


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  2. #2

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    Re: Disney drops $500 million to buy a youtube content creator

    Looks like I'm in the wrong industry. Half a billion.... seriously? Couldn't they have just started their own division targeted towards this?
    "I do not like to repeat successes. I like to go on to other things." - Walt Disney

  3. #3

    • Under that tree again!
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    Re: Disney drops $500 million to buy a youtube content creator

    Dynamic industry or one at the end of its life?

    Every kid over 12 thinks they are the most talented person on youtube. And most videos are now sharing what they've copies from another video. Then they find a way to make money and put ads on their unoriginal videos.
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  4. #4

    • Pilot EdForceOne
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    Re: Disney drops $500 million to buy a youtube content creator

    The crazy thing is the price inflation for something that you don't actually make yourself. It's a promotion/funding network. I guess in a sense you could argue it's like buying a record label.
    Check out my blog - Coreplex: Rambling from inside the Grid


    Am I evil? yes, I am
    Am I evil? I am man, yes, I am

    Quote Originally Posted by sleepyjeff View Post
    Disneyland was meant to be sipped not chug-a-lugged

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