Predict your next investment

Corporation
INTERNET | Internet Software & Services / Video
makerstudios.com

See what CB Insights has to offer

Founded Year

2009

Stage

Acquired | Acquired

Total Raised

$85.77M

Valuation

$0000 

About Maker Studios

Maker Studios is a digital media brand that aims to bridge the gap between YouTube and television. Maker is developing sustainable programming and building large audiences on YouTube, offerings to partners include development, production, promotion, distribution, sales, marketing and enterprise. Maker is dedicated to help cultivate new talent, take existing talent to the next level and build lasting brands with engaged audiences.

Maker Studios Headquarter Location

13428 Maxella Avenue #525

Marina del Rey, California, 90292,

United States

Latest Maker Studios News

Disney wants to become the happiest place in the metaverse

Nov 11, 2021

Disney wants to become the happiest place in the metaverse Disney wants to become the happiest place in the metaverse FILE PHOTO: A smartphone with the "Disney" logo is seen on a keyboard in front of the words "Streaming service" in this picture illustration taken March 24, 2020. REUTERS/Dado Ruvic 11 Nov 2021 09:44AM (Updated: 11 Nov 2021 10:00AM) Mickey Mouse is poised to venture into the metaverse. Walt Disney CEO Bob Chapek said the entertainment conglomerate is preparing to make the technological leap into a virtual reality world first imagined by science fiction writers. It is a popular destination these days, ever since Facebook CEO Mark Zuckerberg announced the future of his company would be devoted to creating a robust, three-dimensional environment where users’ digital avatars would work, hang out and pursue their hobbies. Other big companies, including game-makers Roblox Corp and Epic Games, and software giant Microsoft Corp, are working on their own metaverses. Disney’s plan was notably devoid of specifics, beyond dropping a buzzword that has animated Silicon Valley. Chapek told investors Wednesday that entering this new digital frontier is consistent with Disney’s long history of technological innovation, dating back nearly a century to Steamboat Willie, the first cartoon to feature synchronized sound. “Our efforts to date are merely a prologue to a time when we'll be able to connect the physical and digital worlds even more closely, allowing for storytelling, without boundaries in our own Disney Metaverse,” Chapek said during Disney’s fourth-quarter earnings call. In an interview with CNBC, Chapek said he envisions it as an extension of streaming video service Disney+ - through the “three-dimensional canvass” he envisions for new types of storytelling. Disney’s former executive vice president of digital, Tilak Mandadi, wrote on LinkedIn in 2020 about creating a theme park metaverse, where “physical and digital world converge” through wearable devices, smartphones and digital access points. Not all of Disney’s digital forays have had happy endings. Its online children’s social network, Club Penguin, shuttered in 2017, after 11 years. Its entry into social gaming, via its US$563.2 million purchase of Playdom in 2010, resulted in a write-down. Its efforts to capitalize on the galloping popularity of short-form YouTube videos through a US$500 million acquisition of Maker Studios in 2014, resulted in the operation being absorbed into other parts of the company.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.