April 14, 2014 |
Maker Studios said on Monday that its deal to be acquired by the Walt Disney Co. has already been approved, throwing cold water on a last-minute offer from Relativity Media worth up to $1.1 billion. "As per the announcement made on March 24, Maker Studios has entered into a merger agreement with The Walt Disney Company," a Maker spokesperson said in an emailed statement. "The agreement has been approved by Maker Studios' Board of Directors and the majority of its shareholders and is expected to close in the next few weeks, subject to regulatory approval.
March 27, 2014 |
ISTANBUL, Turkey - Turkey blocked access to YouTube on Thursday, hours after a recording of a sensitive national security meeting was leaked by an anonymous user on the video sharing site. Turkey's state-run Anadolu news agency confirmed the ban as an "administrative decision" by the Turkish Telecommunications Authority, while the Foreign Ministry issued a statement promising the "heaviest punishment possible" against the source of the leaks. "Eavesdropping on a top secret meeting and leaking recordings is a wretched attack and a grave offense on national security," the statement read, according to Anadolu.
March 27, 2014 |
After first blocking Twitter, Turkey has now also blocked access to YouTube, according to numerous reports. The action comes after a recording allegedly containing audio from a meeting among many top Turkish officials was leaked onto the Google-owned service. In the recording, the officials can allegedly be heard discussing possible military actions in Syria. The blocking of YouTube comes a week after Turkish Prime Minister Recep Tayyip Erdogan used a court order to ban Twitter in the country. VIDEO: Unboxing the HTC One (M8)
March 24, 2014 |
Walt Disney Co. is buying Maker Studios, the digital media company behind YouTube successes such as "Epic Rap Battles of History" and PewDiePie. Burbank-based Disney said Monday that it will pay $500 million to Maker shareholders. Based in Culver City, Maker Studios has about 55,000 YouTube channels with 380 million subscribers and 5.5 billion views per month. Shareholders could receive up to $450 million more, depending on Maker's performance after the acquisition.
CALIFORNIA | LOCAL
March 6, 2014 |
In an already crowded race to replace a retiring congressional veteran, journalist and radio host Matt Miller put his early campaign pitch on YouTube on Thursday morning. Miller, a Democrat and former Clinton administration aide who wants to replace Rep. Henry Waxman (D-Beverly Hills), used a short video clip to outline his reasons for jumping into the race. "I'm running because we need bolder answers on things like runaway healthcare and college costs, climate change and retirement security, not small thinking or symbolic gestures," Miller said in the video. "I'm determined to make this an honest conversation about renewing America," added the co-host of National Public Radio's "Left, Right and Center" public affairs program.
March 2, 2014 |
Surreptitiously recorded videos of Supreme Court proceedings that surfaced on YouTube last week aren't much of a viewing experience. The most revealing video, which captures a few moments from two oral argument sessions, is a jerky affair that makes Abraham Zapruder's amateur footage of the Kennedy assassination look like the work of an auteur. And the justices are bit players: The star of the video is Noah Kai Newkirk, a Los Angeles man who stood up during arguments Wednesday to denounce the court's 2010 Citizens United decision allowing corporations to spend money on politics.