Vice Media has completed a $450m investment from TPG, the private equity group, in a deal the youth-focused company said valued it at $5.7bn — more than double its valuation of three years ago.
The London-based art and fashion magazine will arrive as the 12th digital channel in the Vice Media portfolio
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.
It’s a hit with the millennial generation and predicts revenue of $1bn this year, so what can young company teach its rivals
Vice Media will go on a “deal spree” in 2015 and explore an initial public offering if market conditions remain favourable, according to Shane Smith, chief executive of the youth-focused digital media group
VICE Media is talking with potential buyers including News Corp.
Time Warner is finalising an investment in Vice Media that would value the maverick digital media and publishing group at more than $2bn
Two youth-oriented media brands, Vice Media and BuzzFeed, are fast becoming challengers to the traditional news industry
Two youth-oriented media brands, Vice Media and BuzzFeed, are fast becoming challengers to the traditional news industry
Vice Media, the multi-platform purveyor of music, fashion and quixotic journalism from international trouble spots, has sold a 5% stake to Rupert Murdoch’s 21st Century Fox. Fox confirmed the $70m (£45m) deal, which marks the latest stage in the evolution of Vice from an off-beat Canadian magazine into a global brand frequently dubbed the hipsters’ […]
Company intends to use magazine’s print following as launch pad into the fashion market with an online video channel
