It’s official: Disney buys Maker Studios for $500 million

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Disney has acquired Maker Studios for $500 million, with an additional $450 million waiting for Maker’s founders and backers if certain conditions are met. The acquisition was first reported by Reuters Monday, and followed reports about negotiations between the two companies a few weeks ago.

Maker is one of a number of so-called multichannel networks (MCNs) on YouTube, which means it operates as well as partners with a number of popular channels on the video site. Maker’s YouTube channels have more than 4.5 billion monthly video views, and more than 340 million subscribers. Some of the better-known channels include PewDiePie and Epic Rap Battles of History…

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Source: GigaOm.com

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