Corporates Time Warner, Singtel, Canal+ and Team Downey are in line for a hefty exit in the $500m acquisition, which could potentially rise to $950m.
Time Warner and Singapore Telecommunications are set to garner a huge return after entertainment conglomerate The Walt Disney Company confirmed that it is acquiring US-based online video content provider Maker Studios for $500m in a deal that could eventually rise to $950m if “strong perfromance targets” are met.
Launched in 2009, Maker produces a range of original online programming, and offers development, production, promotion, distribution, sales, and marketing services to programming partners. The company estimates its videos generate 5.5 billion…
