Fortune is reporting that Disney attempted to buy BuzzFeed earlier this year, but talks broke down over BuzzFeed’s $1 billion asking price. There are currently no ongoing discussions between the two companies. Disney did make an agreement to purchase YouTube syndicator Maker Studios in a deal that could reach close to $1 billion if certain goals are met.
A representative from BuzzFeed stated that they are currently focused on becoming a big, independent company.
A Disney spokesperson declined to comment.