TheWrap TV - Entertainment Industry Analysis, Breaking Hollywood News: 21st Century Fox Buys Stake in Vice Valuing Company at $1.4B

TheWrap TV - Entertainment Industry Analysis, Breaking Hollywood News

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21st Century Fox Buys Stake in Vice Valuing Company at $1.4B Aug 16th 2013, 21:46, by Lucas Shaw 21st Century Fox has acquired a five percent stake in Vice, a blossoming media empire spanning magazines, film, TV and online, in a deal that values the company at $1.4 billion, according to the two companies. Fox's predecessor News Corp. made the deal before it split into two companies, Fox and News Corp., and the investment will be housed under Fox, home to the company's entertainment assets. Related Articles:  TheWrap's Inaugural Innovators List: 12 Who Are Changing Hollywood WME Agent Danny Gabai Exits to Expand Vice's Los Angeles Office (Exclusive) HBO 'Vice's' Shane Smith on Stories They Won't Do: 'We're Not Suicidal' read more

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