Walt Disney doubles stake in Vice Media to $400m

Walt Disney is doubling its stake in Vice Media to $400m, lifting its stake in the youth-focused media group to about 10 per cent, according to people familiar with the matter.

The deal, which values Vice at more than $4bn, comes weeks after Disney’s first $200m investment in the Brooklyn-based company.

read more

Atlantic Media in talks to sell Quartz

Atlantic Media has held talks with a number of potential buyers interested in digital media about a sale of or potential investment in Quartz, the publishing group’s business news site, according to people familiar with the matter

read more

Euromoney has acquired 10% of Zanbato

Euromoney Institutional Investor PLC (“Euromoney”), the international online information and events group, today announces that it has acquired a 10 percent interest in Zanbato Inc (“Zanbato”), an international private capital placements platform and workflow tools provider, for a consideration of US$5.5m, funded from its existing cash resources. The investment is part of a US$14m Series B […]

read more

Euromoney acquires 10% stake in Estimize 

Euromoney Institutional Investor PLC, the international online information and events group, today announces that it is acquiring a 10 percent equity stake in Estimize, the most comprehensive financial estimates platform, for a consideration of US$3.6m, funded from its existing cash resources

read more

Time has acquired FanSided, a sports, entertainment and lifestyle digital network

FanSided’s unique fan-focused editorial voice, very popular mobile app and personalized digital newsletter are behind FanSided’s rapidly growing popularity among millennial sports and entertainment fans. FanSided’s community of 1,500+ contributors will deepen Sports Illustrated’s local sports coverage and add more weight to the brand’s new customization platform, which is set to launch later this year.

read more