The Walt Disney Company

Maker rejects Relativity’s $1bn approach

Maker Studios has turned down Relativity Media’s US$1 billion-plus approach in favour of its existing agreement to join the fold at The Walt Disney Company. Relativity yesterday attempted to hijack Disney’s deal to buy YouTube channel operator Maker with its own offer ahead of a Maker shareholder meeting today, but this has proven unsuccessful. “As […]

Disney buys Maker for initial $500m

The Walt Disney Company has made the largest investment a traditional media giant has yet gambled on a digital multichannel network (MCN) by acquiring Maker Studios. The Mouse House has agreed to pay an initial US$500 million to acquire the US-based YouTube channels operator, whose shareholders will also receive an additional performance-related US$450 million if […]

Disney to pay $500m for Maker Studios, say reports

Stateside reports claim The Walt Disney Company is in talks to buy YouTube channel operator Maker Studios for around US$500 million. Maker, which is a founding partner of the upcoming MIP Digital Fronts, operates ultra-successful YouTube channels such as PewDiePie (left), currently the web video platform’s most subscribed net. Overall, Maker claims to get 5.5 […]

Disney, Dish settle legal issues with ‘evolutionary’ deal

The Walt Disney Company and US satcaster Dish Network have ended their long-running legal dispute and agreed on a deal new, wide-ranging carriage deal. As part of the deal, Dish has agreed to disable its controversial ad-hopping service AutoHop during ABC shows in primetime, with Disney in return dropping all legal issues. The US broadcasters […]

Disney brings on-demand services under ABC Studios banner

Disney is rebranding its on-demand services as part of a wider initiative to have ‘ABC Studios’ as an umbrella brand for its content products and services. Catherine Powell, senior VP, Media Distribution, EMEA at The Walt Disney Company, told TBI that moving forward SVOD platforms that want Disney-distributed content will be sold it as part […]

Foxtel conjures up Presto online movie service

Australia’s Foxtel will launch an online subscription movie streaming service. Presto will be priced at A$24.99 (US$23.56) per month and offer the movies pay platform Foxtel has on licence at that time. This will include films from MGM, NBCUniversal, Paramount Pictures, Roadshow Films, Sony Pictures Entertainment, Twentieth Century Fox, The Walt Disney Company, Warner Bros. […]

Report: Disney to cut 175 jobs at ABC

The Disney/ABC Television Group is set to lay off around 175 staff across ABC television stations, according to a report. The cuts will come from job cuts and not filling open positions, according to an unnamed source quoted by The LA Times. Most of these cuts will affect local TV channels and staff in technical […]

News brief: Disney promotes Nancy Kanter

The Walt Disney Company has promoted Nancy Kanter to the role of executive VP, original programming and general manager, Disney Junior Worldwide. Kanter has been with the Mouse House since 2001, during which time she has overseen the rebrand of Playhouse Disney to Disney Junior. She is currently senior VP, original programming and GM. “Nancy’s […]

Hulu parents scrap sale, inject $750m

Hulu’s US broadcaster owners have scrapped the sale of the streaming website for a second time and will instead recapitalise it, though reports say they remain in talks with Time Warner Cable over a 25% stake. The Walt Disney Company and 21st Century Fox on Friday revealed they had decided against selling Hulu to the […]

Germany’s kids’ channels competition heats up

German children’s TV is set for its biggest shake-up in years, with the Disney Channel set to go free-TV – a move that places it in direct competition with Super RTL, the market leading family network that the Mouse House joint-owns. Jesse Whittock assesses the battle ahead. The pace of change in the German kids’ […]