Time Warner eyes stake in Vice Media

ViceTime Warner is finalising an investment in Vice Media that would value the maverick digital media and publishing group at more than $2bn, according to people familiar with the situation.

Vice, which produces a news show for Time Warner’s HBO cable network, operates some of the most popular channels on YouTube and has succeeded in reaching millennial viewers that have drifted away from traditional media.

For the full story read The FT

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