WOW GUYS YOU WON’T BELIEVE THIS ONE… Going to keep my eye on the changes how bout you?
This is a reblog of LA TIMES considered EZ WAY NEWS.
BY RYAN FAUGHNDER
March 24, 2014, 4:04 p.m.
Walt Disney Co. is buying Maker Studios, the digital media company behind YouTube successes such as “Epic Rap Battles of History” and PewDiePie.
Burbank-based Disney said Monday that it will pay $500 million to Maker shareholders. Based in Culver City, Maker Studios has about 55,000 YouTube channels with 380 million subscribers and 5.5 billion views per month.
Shareholders could receive up to $450 million more, depending on Maker’s performance after the acquisition. Maker, founded in 2009, is best known for its videos aimed at millennial viewers, who increasingly go online for video entertainment.
“Short-form online video is growing at an astonishing pace and with Maker Studios, Disney will now be at the center of this dynamic industry with an unmatched combination of advanced technology and programming expertise and capabilities,” Bob Iger, Disney’s chairman and chief executive, said in a statement.
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After the acquisition, Maker will report to Disney’s chief financial officer, Jay Rasulo. The company, which has about 300 employees, will remain headquartered in Culver City and maintain operations in New York and London.
The deal is expected to close during Disney’s third fiscal quarter.
“Disney is synonymous with the best entertainment and is the ideal partner for us, strengthening our position as the leading player in online video,” Maker CEO Ynon Kreiz said in a statement.
Last year, Maker completed a $26-million round of series-C funding, adding to an earlier raise of $36 million in late 2012.
Catwoman, Jack Sparrow Get in Hollywood Street Brawl
Alleged fighters were among those who dress as characters to pose in tourists’ photographs.
Part of the appeal of this summer’s The Avengers is the prospect of seeing larger than life charactersthrow down for a brawl. Early Thursday evening, officials responded to a real-life brawl between such characters in front of the Kodak Theater in Los Angeles.
At 5:30 p.m., a woman dressed as Catwoman was allegedly involved in a fight with a man dressed as Captain Jack Sparrow, reported NBCLA. The fight ended up with the woman pepper spraying the man.
To the delight of Twitter users, a person wearing an alien mask was also reported to have been involved.
“Lmfao just heard on tha news…cat woman, an alien and a pirate just scraped on hollywood blvd! Wish I was there! #Onlyinla,” tweeted @jganza.
The LAPD said no arrests were made and no one involved was taken to the hospital. According to the LA Times, a second person dressed as Jack Sparrow was also involved in the fight, and the fighters fled the scene when police arrived.