Acquisitions

9 Months Ended

Jun. 27, 2015

Acquisitions

Acquisitions

Maker Studios

On May 7, 2014, the Company acquired Maker Studios, Inc. (Maker), a leading network of online video content, for approximately $500 million of cash consideration. Maker shareholders may also receive up to $450 million of additional cash upon final determination of Maker's achievement of certain performance targets for calendar years 2014 and 2015. The Company has recognized a $198 million liability for the fair value of the contingent consideration (determined by a probability weighting of potential payouts). Subsequent changes in the estimated fair value, if any, will be recognized in earnings. The majority of the purchase price has been allocated to goodwill, which is not deductible for tax purposes. Goodwill reflects the synergies expected from enhancing the presence of Disney’s franchises and brands through the use of Maker’s distribution platform, advanced technology and business intelligence capability. The revenue and net income of Maker included in the Company’s Condensed Consolidated Statements of Income for the quarter and nine months ended June 27, 2015 and June 28, 2014 was not material.

Goodwill

The changes in the carrying amount of goodwill for the nine months ended June 27, 2015 are as follows:

	Media Networks			Parks and Resorts		Studio Entertainment			Consumer Products			Interactive			Total
Balance at Sept. 27, 2014	$	16,378		$	291	$	6,856		$	2,967		$	1,389		$	27,881
Acquisitions	—			—		—			—			—			—
Dispositions	—			—		—			(1		)	—			(1		)
Other, net	(15		)	—		(12		)	—			(5		)	(32		)
Balance at June 27, 2015	$	16,363		$	291	$	6,844		$	2,966		$	1,384		$	27,848