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Disney is buying YouTube network Maker Studios for as much as $950M

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Reuters reports that Disney is about to buy Maker Studios, one of the largest YouTube networks, for $500 million with the possibility for that amount to rise to $950 million:

Maker, founded in 2009, helps produce and distribute videos to more than 380 million subscribers worldwide across more than 55,000 channels. Its videos now collectively garner some 5.5 billion views every month, according to the source.

The company distributes content through partnerships it has with a long list of YouTube content creators such as the popular PewDiePie gaming channel and also provides a platform that gives creators access to royalty reporting, analytics, and other services to help maximize earnings.


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Google to pay $500 million settlement for showing illegal online pharmacy ads

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Google will have to pony up $500 million in charges related to ads shown from online pharmacies that “operate outside the law”, according to a report from NYTimes citing sources “briefed on the investigation”.

The charges relate to an investigation launched in May which accused Google of displaying ads from illegally operated online pharmacies who allegedly sell “counterfeit drugs” or fail to “require a prescription”. While site owners are liable for the ads they display on their websites, Google is obviously being held somewhat accountable.

This isn’t Google’s first run in with shady online pharmacies. The company took to their official blog last year voice their frustrations calling the process of regulating online pharmacies an “ongoing, escalating cat-and-mouse game”.

The post explained:
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