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Media and entertainment giant Disney is in talks to buy Maker Studios, one of the largest content providers for online video sharing website YouTube, a report said Tuesday. Specialist website Re/code cited "people familiar with the negotiations" and said the transaction would value Maker Studios at $500 million or more. "If it goes through, it would be by far the biggest bet by a traditional media company in a company built on top of YouTube," the report said. Maker Studios says its videos are viewed a total of 5.5 billion times per month, most of them on YouTube.
NEW YORK (AP) — Melding 2014 needs with 2016 hopes, President Barack Obama teamed up Tuesday with an ally and fundraiser of former Secretary of State Hillary Rodham Clinton to help the Democratic Party erase a worrisome debt.