The Walt Disney Company (NYSE: DIS) News: Disney To Buy YouTube Video Producer Maker Studios

Category: Companies / Mar 25, 2014 10:23AM EDT

The Walt Disney Company (NYSE: DIS) shares rose 0.26 percent to $79.70 in morning trading on Tuesday after the entertainment company announced plans to acquire YouTube video producer Maker Studios for $500 million, one of the largest video distributors for Google's YouTube unit.