Maker Studios Closing In On $40M
Maker Studios -- which specializes in creating and distributing YouTube clips -- is reportedly close to raising $40 million from Time Warner and other investors. As AllThingsD reports: “The
media conglomerate, via its Time Warner Investments arm, is leading a $40 million round that sources say should close within the next three weeks.” To date, Maker has raised $4 million from
Greycroft Partners and GRP Partners.