Tuesday, April 29, 2014

Buying Out Technology Today

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Disney was looking into buying BuzzFeed, until they discovered their price tag. Asking $1 Billion for it's coming they coined it as being a "buzzkill".  Disney did however acquire the YouTube based video supplier Maker Studios for a cool $500 Million!  More money is to be given if certain goals are met that Disney has laid out.  The company Buzzfeed was established in 2006 and sees 130 million unique visitors every month.

For more information see article in NYTimes.

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