Walt Disney Co Acquires Maker Studios for $500,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d29d7c3a-8f07-4eaf-9025-28332926719d
Date
3/24/2014
Company Name
Maker Studios
Mailing Address
13428 Maxella Avenue Marina del Rey, CA 90292 USA
Company Description
Maker studios is a media company that bridges the gap between youtube and television. Maker is developing sustainable programming and building large audiences on YouTube with over 80 million subscribers and 1 billion monthly views across more than 1000 channels.
Website
http://www.makerstudios.com
Transaction Type
M&A
Transaction Amount
$500,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Maker Studios shareholders will receive total consideration of $500 million, and a performance-linked earn-out of up to $450 million if the strong performance targets are met.