-In mid-August 2013, Rupert Murdoch's 21st Century Fox invested US$70 million in Vice Media, resulting in a 5% stake.
-In August 2014, A&E Networks, a television group jointly owned by The Walt Disney Company and Hearst Corporation, made a US$250-million investment in Vice Media for an ownership stake of 10%.
-In November and December 2015, Disney made two additional individual investments of US$200 million totalling $400 million.
-In June 2017, Vice secured a $450 million investment from private-equity firm TPG Capital to increase spending on scripted programming and ongoing international expansion.
-Disney acquired Fox's stake in Vice when its acquisition of 21st Century Fox completed in March 2019.
-On 3 May 2019, Vice Media announced that it raised $250 million in debt from George Soros and other investors.
-Vice Media formally filed for Chapter 11 bankruptcy, as part of a possible sale to a consortium of lenders including Fortress Investment Group, which will, alongside Soros Fund Management and Monroe Capital, invest $225 million as a credit bid for nearly all of its assets.
Ok so they used to be honest, then got investments from big media companies, hedge funds and banks, and they stopped being honest, then were driven to bankrupcy and acquired by the usual hedge funds who will probably just turn them into another propaganda (which they had already become a decade ago) cog in the media machine.
chaosbolt|2 years ago
-In August 2014, A&E Networks, a television group jointly owned by The Walt Disney Company and Hearst Corporation, made a US$250-million investment in Vice Media for an ownership stake of 10%.
-In November and December 2015, Disney made two additional individual investments of US$200 million totalling $400 million.
-In June 2017, Vice secured a $450 million investment from private-equity firm TPG Capital to increase spending on scripted programming and ongoing international expansion.
-Disney acquired Fox's stake in Vice when its acquisition of 21st Century Fox completed in March 2019.
-On 3 May 2019, Vice Media announced that it raised $250 million in debt from George Soros and other investors.
-Vice Media formally filed for Chapter 11 bankruptcy, as part of a possible sale to a consortium of lenders including Fortress Investment Group, which will, alongside Soros Fund Management and Monroe Capital, invest $225 million as a credit bid for nearly all of its assets.
Ok so they used to be honest, then got investments from big media companies, hedge funds and banks, and they stopped being honest, then were driven to bankrupcy and acquired by the usual hedge funds who will probably just turn them into another propaganda (which they had already become a decade ago) cog in the media machine.
hnbad|2 years ago