Danny Zappin and Three Others Sue Maker Studios

/ Jun 26, 2013

Zappin

It appears what everyone was thinking when news broke that Maker Studios co-founder and CEO Danny Zappin was stepping down from his role at the company is true: It was not Zappin’s decision to relinquish his title, as he was instead “ousted” by the MCN’s new board of directors. Or, at least, that’s what Zappin and the three others — Scott Katz, Derek Jones, and Will Watkin — are alleging in a new lawsuit filed against Maker Studios, according to a report from Variety.

In early May, Maker announced that Zappin was stepping down as chief executive and would essentially be replaced by Maker chairman Ynon Kreiz, who then assumed the role of executive chairman. Zappin would remain connected to Maker as a member of the board of directors and a “special adviser” to Kreiz, a well-known television/media executive.

At the time, in a statement, Zappin had said: “As we prepare to move into the next phase of growth for Maker Studios, I felt it was the right time to make a significant transition. As the former CEO and Chairman of Endemol… Ynon has the specific media exec experience that we need to take Maker to the next level.”

Now, the lawsuit filed by Zappin, Katz, Jones, and Watkin claims Maker Studio’s board of some shady tactics which were designed to remove Zappin from his position at the company. The defendants in the suite include Kreiz, Maker co-founders Ben Donovan and Lisa Donovan, as well as GRP Partners, Mida Holdings California, and Angulo Investors II, among others. Maker Studios is named as a dominal defendant. Per Variety, the plaintiffs are requesting a temporary restraining order, a constructive trust over Maker, and the removal of the current board.

Last year, Maker Studios secured a $36 million money round led by Time Warner Investments (Kreiz also participated in the round).

We’ve reached out to Maker for comment, and will update accordingly.

Tags: , , , ,


  • argraham

    Think we’ll get to enjoy a RWJ vs Danny Zappin level of social media sass this time around, too?

Escape the Night Joey Graceffa VidCon YouTube Red

Joey Graceffa Gets a Clue with YouTube Red’s ‘Escape...

 
Mobile Video

4 Ways to Deliver Mobile Video at Scale

 
Woven Digital

Woven Digital Raises $18.5M in Series B Funding Led by WPP Ventures

 
Lost In Space Netflix

Netflix Orders Reboot of ’60s Sci-Fi Series ‘Lost in...

 
Industry Tickets Selling Fast!
Click above to lock in your registration for VidCon 2015!
 
All Def Digital

All Def Digital Closes $10M Series B Round Led by Third Wave...

 
mobile video

The 5 Biggest Mistakes Publishers Are Making with Video

 
Cenk Uygur The Young Turks TYT

TYT’s Cenk Uygur on the anti-Bernie Sanders Conspiracy and...

 
Mario Lopez Extra Awestruck

‘Extra’ Host Mario Lopez Joins Awestruck YouTube...

 
Rooster Teeth First

Rooster Teeth Rebrands SVOD Service as First, Adds Double Gold...

 
VidCon 2016 2

VidCon 2016 Wrap: Reveals, Debuts and a Christina Grimmie Tribute

 
UFluencer Signing June 27 2016

uFluencer Group Signs Four YouTube Beauty & Lifestyle Gurus

 
NewCreators_Soulpancake_VideoInk_300x250

SoulPancake Acquires New Age Creators, Kicking Off with A Full...

 
Tales of the Serengeti Wildseed Studios BBC Three

BBC Three Orders Two Animated Series from British IP Incubator...

 
Vemba_VideoInk_300x250

Vemba Secures $5M Series A Round from Upfront Ventures & BDMI

 
FruitNinja_VideoInk_300x250

Halfbrick’s “Fruit Ninja Live” Tournament...

 
Cannes Lions

Who Won Entertainment Lions?

 
Instant Time INc.

Time Inc.’s ‘New Famous’ Platform Instant...

 
Susan Wojcicki YouTube

Take That, Facebook: YouTube Adding Mobile Live Streaming

 
YouTubeRedLogo

YouTube Red Sticking with Influencers

 
VidCon YouTube Intimacy Problem

Do YouTubers Have an Intimacy Problem?

 
JensChristensen_JauntVR_VideoInk_300x250

VidCon 2016: 5Qs With Keynote Speaker Jens Christensen

 
Zefr Top 100 Influencers

Zefr Calculates 100 Top Digital Influencers

 
VH1 What's Trending Huge on the Tube

Can “What’s Trending” Transform Itself into E!...

 
BrandFlirt_VideoInk_300x250

Good Amplified Teams with Internet Famous Database to Match...

 
BuzzFeed is number one for views across social video platforms in may

Ze Frank’s Memo May Have Just Opened the Biggest Can of IP...

 
Alice Ng uFluencer Group

uFluencer Group Taps Alice Ng to Head Talent in Asia-Pacific Region

 
Internet Famous Shane Dawson

If YouTubers Relate to ‘Internet Famous,’ They Need...

 
Rooster Teeth Lazer Team

Rooster Teeth’s “Lazer Team” Grabs...

 
VidCon

VidCon Going Global in 2017 with Events in Australia and Amsterdam

 
Superfruit

Fullscreen Signs Five Creators, incl. Superfruit, Ricegum and...

 
Star Wars Force Friday Unboxing Maker Studios

How Toy Manufacturers Make Streaming Video the Gift That Keeps...

 
Art of More Dennis Quaid Crackle

Crackle’s ‘The Art of More’ Adds Merritt...

 
Sable_Musurca_VideoInk_300x250

Gunpowder & Sky Set to Develop Skate-Themed Thriller from...

 
Alias Grace Netflix

Margaret Atwood’s ‘Alias Grace’ Gets...

 
Oberto_WorldsFirst_VideoInk_300x250

Jerky Brand Oberto Makes Sports Play in Video Series with Nitro Circus

 
Melvin Gregg CAA

Actor/Vine Star Melvin Gregg Signs with CAA

 
insurrection logo

Verizon Hearst Media Partners’ Seriously.TV Orders First...

 
Sports Illustrated

Sports Illustrated Adds Emmy-Winner Josh Oshinsky to Digital Team

 
Machinima Logo

Machinima Goes Over-the-Top in Spain and Portual with AMC...

 
Christina Grimmie and Dog Chloe

Christina Grimmie On Giving Back: ‘You Shouldn’t...