August 01, 2014 10:11 AM ET

Media

Company Overview of Maker Studios, Inc.

Company Overview

Maker Studios, Inc. operates as a media company that enables artists to create, distribute, and monetize their original content on YouTube. It also provides development, production, promotion, distribution, sales, marketing, and merchandise services to partners; and develops and distributes an array of consumer facing verticals. The company was founded in 2009 and is based in Los Angeles, California.

13428 Maxella Avenue

Suite 525

Los Angeles, CA 90016

United States

Founded in 2009

Phone:

310-606-2182

Key Executives for Maker Studios, Inc.

Executive Chairman and Chief Executive Officer
President and Director
Age: 35
Chief Operating Officer
Chief Programming Officer
Chief Technology Officer
Compensation as of Fiscal Year 2014.

Maker Studios, Inc. Key Developments

Maker Studios Laying Off Workers

Maker Studios is cutting about 10% of its 380 employees a few weeks after Disney bought the online video network. The staffers that will be laid off will be informed as early as next week.

Former Maker Studios CEO Danny Zappin Sues Maker Studios, Inc. to Halt Sale to Disney

Danny Zappin, co-founder and former CEO of Maker Studios, has filed a lawsuit to stop Maker Studios from being acquired by Disney. Danny Zappin, co-founder and former CEO of Maker Studios, has filed a lawsuit to stop Maker Studios from being acquired by Walt Disney Co. In a court filing, Zappin sought a temporary restraining order to delay a shareholder vote on the deal scheduled for next week, claiming that the merger deal is 'defective' and omits material facts necessary for shareholders to vote. The suit also alleges that Maker Studios' management 'issued stock to one another, accelerated vesting of other stock, and entered into a series of agreements with one another using Maker Studio Inc.'s assets so they could wrest control of Maker's board for Maker's Common Stock shareholders in order to create a liquidity event for themselves'.

Will Keenan Exits Maker Studios as Vice President

Maker Studios VP Will Keenan has left the company to pursue new opportunities in the online video space. Keenan has been at Maker for two years, helping to shepherd its growth from a few hundred channels to more than 70,000. Keenan, whose last day was August 23, 2013 departed just a few months after being promoted to V.P. of Vertical Development Network Programming. He will continue to consult for Maker.

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