Disney draws up acquisition plans

Jan 9, 2015 • Thierry Heles

US-based entertainment conglomerate Walt Disney Company is considering further digital media acquisitions, chief financial officer Jay Rasulo revealed during a keynote speech at the Consumer Electronics Show, TechCrunch reported yesterday.

Disney acquired Maker Studios, a multichannel network on YouTube, for an initial $500m in March 2014. The deal could rise to $950m if Maker can reach certain performance milestones.

Disney had also hoped to acquire online media company BuzzFeed last year, before talks broke down after Disney refused…

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