News Brief

Time Warner Financing Maker Studios

Time Warner is leading a big round of financing for Maker Studios, a start-up that specializes in creating and distributing clips for YouTube, reports All Things D. The media giant is marshalling a $40 million round that sources say should close within the next three weeks. When the deal closes, it will be the second chunk of money invested into YouTube-centric companies this year. In May, Google and other investors put $35 million into Machinima.

Recommend (4) Print RSS
All content published by MediaPost is determined by our editors 100% in the interest of our readers ... independent of advertising, sponsorships or other considerations.