Disney Considering Deal for Maker Digital Studio (Report)

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Maker Studios CEO Ynon Kreiz

The company's acquisition of the YouTube network would value it at $500 million, according to a report from Re/Code.

Disney is mulling a purchase of online video firm Maker Studios in a deal that would value Maker at $500 million or more, according to a report from Re/Code.

A spokeswoman for Maker Studios declined to comment on the deal. Disney could not be reached for comment.

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There has been lots of talk in the online video industry of late about a need for consolidation. Should the deal go through, it would be the biggest bet that a traditional media company has made on the YouTube space.

Last year DreamWorks Animation acquired teen-skewing multichannel network AwesomenessTV for $33 million.

Maker Studios, helmed by CEO Ynon Kreiz, has raised about $66 million in venture capital since its founding in 2009.