Time Warner in Talks to Buy Stake in Vice Media (Report)

/ Jun 9, 2014

Vice News Canada

The same day Time Warner officially divested itself of one multi-platform media brand, it may be close to acquiring another.

According to a report from Sky News, Time Warner is deep in negotiations to buy a significant stake in Vice Media. If it goes through, the deal could value Vice at $2.2 billion.

Vice is currently valued at $1.4 billion, thanks in large part to the $70 million 21st Century Fox (back then: News Corp) gave the company last summer for a 5% stake.

Today’s report suggests that there are several different deal structures at play between Time Warner and Vice. One model would involve merging its HLN cable property with Vice in exchange for roughly half of what the resulting company would be.

Details are at an advanced stage, according to Sky News, but don’t necessarily hold your breath as the talks could still fall apart.

The story is well-trodden by now, but Vice was founded in the mid-1990s as a music magazine for Canadians. According to Sky, the original magazine now accounts for less than 5% of the company’s revenues, which hit $175 million in 2012.

Shifting more to video, the company now stands as a media powerhouse, especially for those interested in reaching younger audiences. Vice’s business now include category-based content brands like Vice News, Munchies, Noisey, and the soon-to-launch Vice Sports, in addition to an in-house ad agency, a record label, and a hit TV show on HBO.

We’ve reached out to Time Warner and Vice Media for comment and will update accordingly.

Tags: , , , , , , , ,

  • Dbag

    Well which one is Time Warner really interested in? Vice Media or Fullscreen? It’s like The Video Ink is becoming the TMZ for the MCN space.

    • Sahil

      Time Warner has a market cap of over $60 billion. It can afford both if it wants. The more you know.

Dance Showdown

DanceOn’s ‘Dance Showdown’ Enters its Fourth Season


Twitter Amplify Chief Glenn Brown Decamps for Betaworks


All Def Digital Pits Music Stars Against Kids in a New Digital Series


Lionsgate Pacts with Chinese Video Giant iQIYI for Digital...

Industry Tickets Selling Fast!
Click above to lock in your registration for VidCon 2015!
Wiz Khalifa See You Again

YouTube’s Fast-Growing Billion View Club Adds Wiz Khalifa

Twitter Amplify Brands

Twitter Makes Pre-Roll Video Ads Easier


What the Rugby World Cup Tells Us About Branded Sports Content


HBO Now Comes To Roku

Big Knockout Boxing

DirecTV Steps into Virtual Ring with Big Knockout Boxing App


Geek & Sundry Debuts Season 2 Of LARPs on YouTube and Vessel

Netflix acquires three new indie flicks

Netflix Ups Price of Streaming Service in U.S.


What’s Up Moms Adds New Talent and New Shows


Blink Twice if You Like Our Ad


Digital Series MsLabelled Comes To TV With Help From Tetley


Go90 Orders 50-Episode FailArmy Series from Jukin Media


Muvi Studio Brings Streaming Solutions To Roku

Esports Weekly with Coca-Cola IGN

Esports Weekly Show Coming from IGN and Coca-Cola


Vimeo Rolls Out Fresh Slate of Indie Originals

CES 2016

CES Doubles C Space for 2016


Video News Services Newsy Comes To PlutoTV

Legends of Gaming Toby Turner

Toby Turner and Fatal1ty Crack ‘Legends of Gaming’

Al Roker

Al Roker and The Weather Channel Launch Mobile Morning Show


Web Series Wednesday: Five Shows From Geek & Sundry


The Sierra Club Dives Into VR For Their Latest Climate Change Campaign

YouTube Money

What Do Creators Really Think of YouTube’s Subscription Service?


Streaming Device Owners Consumer More Web Video, Less Broadcast...


Joey Graceffa Gets ‘Storytellers’ Season 2 from...


Red Bull Media and Shutterstock Capture Extreme Environments in...

Victorious launches mobile apps with The Young Turks, Ryan Higa

Victorious Plants Flag in Global Marketplace


The BBC Enters Short-form Video News Pact with Yahoo


Hulu Hits Seriocomedic Paydirt with ‘Casual’

Hulu Logo

Hulu and Viacom Expand Content Pact in Multi-Year Agreement


DramaFever Comes to PlayStation 4


FouseyTube Signs with CAA as Agency Continues its Digital Talent Drive

Rightster Cat in a Shark Costume

Rightster Launches Viral Clip Licensing Portal VideoSpring


XTreme Video Goes Mobile With Victorious


Roku Embraces 4K with its Next Generation Player


Collab Rolls Out Rankzoo Mobile Data Platform For Vine Creators

Facebook Mobile Football Image

Facebook Unveils New Tools for TV Broadcasters

Popcornflix Q&A

Popcornflix Pacts with Breaking Glass Pictures for Indie Hits