Disney To Buy Youtube Video Producer Maker Studios

LOS ANGELES (AP) — Disney said Monday that it is buying YouTube channel operator Maker Studios for $500 million as the family entertainment giant seeks to stay in front of younger viewers who are increasingly watching short videos online. It's the latest and largest acquisition of a YouTube channel network by a major Hollywood studio and represents another vote of confidence in the video service as an incubator of talent. The Walt Disney Co.Read more on NewsOK.com

Topics:  los angeles ap    maker studios   hollywood   the walt disney   newsok    disney   youtube   buy   video   channel   

 

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