Disney eyes deal for Maker Studios
New York - AFP
Media and entertainment giant Disney is in talks to buy Maker Studios, one of the largest content providers for online video sharing website YouTube, a report said Tuesday. Specialist website Re/code cited "people familiar with the negotiations" and said the transaction would value Maker Studios at $500 million or more. "If it goes through, it would be by far the biggest bet by a traditional media company in a company built on top of YouTube," the report said. Maker Studios says its videos are viewed a total of 5.5 billion times per month, most of them on YouTube. Last week Disney said it had made a deal with satellite operator Dish Network to allow its channels to be watched over the Internet -- streamed to smartphones, tablets, computers, or a traditional TV. Disney channels include ABC, Disney Channel and ESPN.
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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