Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
June 10, 2014 02:26 am GMT

Is Vice Now Worth $2 Billion? Or Maybe Even More?

Shane-vice

Alternative media outlet Vice could soon be valued at a little more than $2 billion, according to two reports that broke late on Monday

Time Warner, which just spun off its print magazine business Time Inc, is in talks to make an investment in Vice Media, according to reports from Sky and the Financial Times.

See also: American Journalist With Vice News Captured in Eastern Ukraine

Sky valued the deal at around $2.2 billion while the FT called it between $2 billion and $3 billion

Those valuations represent a significant mark up from the $1.4 billion valuation of Vice based on a 5% investment from 21st Century Fox Read more...

More about Time Warner, Vice, Business, and Media

Original Link: http://feeds.mashable.com/~r/Mashable/~3/jfLJPPhp4XA/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable