Disney Wanted to Buy BuzzFeed, Report Says
 

Disney Wanted to Buy BuzzFeed, Report Says
http://rack.0.mshcdn.com/media/ZgkyM...5d1/disney.jpghttp://rack.3.mshcdn.com/assets/feed...013aed8d66.jpghttp://rack.1.mshcdn.com/assets/feed...3b7fd07c38.jpg
Disney considered buying viral media website BuzzFeed but did **t want to shell out the $1 billion asking price, according to a report.

Disney would later go with Maker Studios, the YouTube-centric video production company, according to Fortune

Maker cost Disney $500 million, but could add a**ther $450 million if the video producer hits certain incentive targets, bringing it close to the $1 billion asking price of BuzzFeed.

BuzzFeed declined to comment. Disney did **t immediately respond to request for comment.

Have something to add to this story? Share it in the comments. Read more...

More about Business and Mediahttp://feeds.feedburner.com/~r/Mashable/~4/trHBqS5RXXY