Deals
Disney Reserves $198 Million for Maker Studios Payouts
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Walt Disney Co. reserved $198 million for possible payouts to the former shareholders of Maker Studios, the Web-video producer it acquired last year.
Disney, the world’s largest entertainment company, purchased Maker for $500 million in cash last May. The company agreed to pay as much as $450 million more to the former owners based on the unit’s performance in 2014 and 2015. The possible payout was disclosed this week in a regulatory filing.