The Walt Disney Company to Acquire Maker Studios, the Leading Network of Online Video Content

Furthering its goal of bringing content to consumers on all the platforms they prefer, The Walt Disney Company (DIS) has agreed to acquire Maker Studios, the leading network of online video content on YouTube.

Maker Studios shareholders will receive total consideration of $500 million, and a performance-linked earn-out of up to $450 million if the strong performance targets are met.

With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker has established itself as the top online video network for Millennials.

By acquiring Maker Studios, Disney will gain advanced technology and business intelligence capability regarding consumers’ discovery and interaction with short-form online videos, including Disney content.

Cineplex Inc. Announces Its May 2013 Dividend

Cineplex Inc. (TSX:CGX) announced today its cash dividend of $0.12 per share for the month of May 2013, payable on June 30, 2013, to shareholders of record on May 31, 2013.

Cineplex Inc. ("Cineplex") is one of Canada's leading entertainment companies and operates one of the most modern and fully digitized motion picture theatre circuits in the world. A top-tier Canadian brand, Cineplex operates numerous businesses including theatrical exhibition, food services, gaming, alternative programming (Front Row Centre Events), Cineplex Media, Cineplex Digital Solutions and the online sale of home entertainment content through www.CineplexStore.com and on apps embedded in various electronic devices. Cineplex is also a joint venture partner in SCENE - Canada's largest entertainment loyalty program.

Sinclair Broadcast Group to Acquire Fisher Communications, Inc.

Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) ("Sinclair") and Fisher Communications, Inc. (NASDAQ: FSCI) ("Fisher") announced today that they have entered into a definitive merger agreement whereby Sinclair will acquire Fisher in a merger transaction valued at approximately $373.3 million.

Under the terms of the agreement, Fisher shareholders will receive $41.00 in cash for each share of Fisher common stock they own. The transaction represents a 44% premium to the closing price of Fisher common stock on January 9, 2013, the final trading day prior to Fisher announcing a review of strategic alternatives.

Comcast Increases Dividend by 20% to $0.78 Per Share on an Annualized Basis and Plans to Repurchase $2 Billion of Its Stock in 2013

Comcast Corporation (NASDAQ: CMCSA, CMCSK), a leading media, entertainment and communications company, announced today that it increased its dividend by 20% to $0.78 per share on an annualized basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.195 a share on the company’s common stock, payable on April 24, 2013 to shareholders of record as of the close of business on April 3, 2013.

Today, Comcast also announced that it plans to repurchase $2.0 billion of its stock during 2013, subject to market conditions.