Whether Walt Disney Co.’s $500 million gamble on Maker Studios will bear fruit is anyone’s guess, but a new report suggests that the video producer could not have survived on its own. No,
Maker was not a “great standalone business, or a profitable one,” The Information reports. On the contrary, “Maker had been losing $2 million to $3 million a month in the run-up to
the sale, according to two people close to the company.”
Read the whole story at The Information »
