Furthering its goal of bringing content to consumers on all the platforms they prefer, The Walt Disney Company has agreed to acquire Maker Studios, the leading network of online video content on YouTube.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.
With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker has established itself as the top online video network for Millennials. (EDITOR'S NOTE: Last summer Maker Studios acquired Blip where episodes of WE LOVE SOAPS TV air).