Noah J Nelson on Monday, Mar. 24th
If you had any doubt as to how big a deal YouTube multi-channel networks have become, you’re just not paying attention.
The “performance based earn out” part means that the final deal could be worth as much as $950 million.
Warner Bros. and Google have been pumping money into Machinima, while Fullscreen has had venture funding from no less than Comcast. Maker bought up the video platform Blip.tv just a few months ago, as part of a general trend towards consolidation in online video.