Report: Disney Set to Become a Direct Vice Stakeholder
Mouse House poised to add to existing 2014 investment via A&E Networks.
As New York Post media reporter Claire Atkinson notes, Disney is already an indirect investor in Vice Media, by way of last year’s A&E Network purchase of a 10 percent stake in the company for $250 million. Disney co-owns the broadcaster with Hearst.
But this is different. According to the reporter’s sources, the new deal is imminent:
Disney is poised to take a small stake in the millennial content producer, which is preparing to launch a Vice-branded cable network in the U.S.
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