Thursday, July 28, 2016

Disney-Maker Layoffs

From a journal of entertainment:

Disney’s Maker Studios confirmed today it’s in the midst of layoffs. The digital operation isn’t saying what prompted the changes, but we heard the number of employees affected is about 30. ...

Maker, for those who forget, is a network of 1000 internet channels.

If this sounds familiar, it's because the Mouse followed DreamWorks Animation in the purchase of the "hot property" known as an internet multi-channel network.

Only DWA bought Awesomeness TV for a lot less money than was shelled out by Diz Co. for Maker, and the DreamWorks purchase seems to have panned out a lot better, earning DreamWorks more money.

Sometimes it pays to be the first corporation into the New Business pool, rather than the second or third.


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