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Disney Links With Twitch On Content Distribution

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Disney Digital Network , part of Disney Consumer Products and Interactive Media (DCPI), is in a content deal with videogame streaming service Twitch , where Disney will provide content from four Disney content creators to Twitch.

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Maker Studios Acquired By Disney For $500M

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Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company , in a deal worth $500M, plus up to $450M in performance earn out. Maker operates a network of YouTube content channels--over 55,000--which gets 5.5 billion views per month, according to Disney. READ MORE>>.

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Cisco Joins Walt Disney Studios StudioLAB Effort

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Networking products giant Cisco said this week that it has been selected by The Walt Disney Studios announced in March, in conjunction with Accenture, and includes a 3,500 square food facility in Burbank. READ MORE>>.

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Qualcomm, Disney, UTA Back The VOID For VR Entertainment

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Three, Southern California investors--Qualcomm Ventures, Disney, and the United Talent Agency--have backed the developer of a network of "experience centers" focused on virtual reality entertainment, as part of a newly disclosed Series A Funding.

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Disney's Maker Studios Cuts Jobs

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Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. Disney said it would acquire Maker in March, in a deal that could be worth north of $900M. maker studios disney merger acquisition jobs employment layoff content hollywood'

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Disney Hits 100 Million Facebook Fans

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Burbank-based Walt Disney reported Sunday that it has just surpassed one hundred million fans across its network of Facebook pages. According to Disney, those fans are spread across more than 200 official Disney brands, property, and character pages, which the firm has been creating on Facebook since August of 2009.

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Former Maker Execs Sue To Stop Disney Acquisition

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Former Maker Studios CEO and co-founder Danny Zappin--along with three other former executives of the company--have filed a lawsuit seeking a temporary restraining order seeking to stop the acquisition of Maker Studios by Disney. Disney said it would pay as much as $950M, including earnout, for Maker Studios on March 24th. READ MORE>>.