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Disney to buy YouTube network Maker Studios for $500 million

Mar24
by on March 24, 2014 at 9:38 pm
Posted In: Around the Web, Insider

Disney has announced an agreement to purchase popular YouTube multi-channel network Maker Studios for $500 million plus as much as $450 million in additional performance-based compensation. Maker Studios boasts 380 million subscribers and 5.5 billion views per month across 55,000 channels. Notable channels on the network include PewDiePie, ‘Epic Rap Battles of History,’ and Mike Tompkins. According to recent data from TubeFilter, Maker Studios was responsible for 9 out of the top 100 most-viewed channels on YouTube in January. Disney said it expects the deal to close by the end of the second quarter of this year. Thumbnail credit: Thomas Samson…

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The evolution of the developer: How cloud infrastructure and open source changed the landscape

Mar24
by on March 24, 2014 at 9:14 pm
Posted In: Analysis and Opinion, Around the Web, Design & Dev, Insider

programming
Ben Uretsky is the CEO & Cofounder of DigitalOcean. There’s an ongoing conversation about the shifting role of developers and what that means for IT departments. They’re now shaping product and user experience with such great influence that businesses must understand their importance in order to be as successful as possible. For a great read on the rise of the developer, check out Stephen O’Grady’s book The New Kingmakers: How Developers Conquered The World – in the book, the author goes into great depth about the history of developers, what circumstances expanded their resources, and ultimately how they became the ones calling the shots. Even…

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a couple of laughzillas on a blue diamond background

The evolution of the developer: How cloud infrastructure and open source changed the landscape

Mar24
by on March 24, 2014 at 9:14 pm
Posted In: Analysis and Opinion, Around the Web, Design & Dev, Insider

programming
Ben Uretsky is the CEO & Cofounder of DigitalOcean. There’s an ongoing conversation about the shifting role of developers and what that means for IT departments. They’re now shaping product and user experience with such great influence that businesses must understand their importance in order to be as successful as possible. For a great read on the rise of the developer, check out Stephen O’Grady’s book The New Kingmakers: How Developers Conquered The World – in the book, the author goes into great depth about the history of developers, what circumstances expanded their resources, and ultimately how they became the ones calling the shots. Even…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Box files for $250M IPO, generated $124.2M in revenue last year from 34,000 organizations

Mar24
by on March 24, 2014 at 9:04 pm
Posted In: Around the Web, Insider

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Box today submitted an S-1 form with the Securities and Exchange Commission (SEC), indicating its intention to become a public company. In the filing, Box revealed that its proposed maximum aggregate offering price would raise $250 million. It reported just over $124 million in revenue for the year ending on January 31, 2014 up from $58.8 million the year before. Furthermore, the company published a net loss of $168.6 million for the same 12-month period, up from a loss of $112.6 million for the year prior. Box now has 25 million users spanning 225,000 companies. Ninety-three percent of those aren’t paying…

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a couple of laughzillas on a blue diamond background

Box files for $250M IPO, generated $124.2M in revenue last year from 34,000 organizations

Mar24
by on March 24, 2014 at 9:04 pm
Posted In: Around the Web, Insider

180781027-786x305
Box today submitted an S-1 form with the Securities and Exchange Commission (SEC), indicating its intention to become a public company. In the filing, Box revealed that its proposed maximum aggregate offering price would raise $250 million. It reported just over $124 million in revenue for the year ending on January 31, 2014 up from $58.8 million the year before. Furthermore, the company published a net loss of $168.6 million for the same 12-month period, up from a loss of $112.6 million for the year ending on January 31, 2013. Box now has 25 million users spanning 225,000 companies. Ninety-three percent…

This story continues at The Next Web

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