Time Warner Inc (TWX) reportedly in talks to invest in Vice Media
Time Warner Inc (NYSE:TWX) may invest in Vice Media for an amount that would value Vice at more than $2 billion according to Sky and The Financial Times. Sky is valuing Vice at $2.2 billion and The Financial Times is putting the value at $2-$3 billion.
This is up from the $1.4 billion valuation Vice received through a 5% investment from 21st Century Fox. Sky is reporting that Time Warner’s cable news channel HLN may be involved in the deal.
Vice Media currently distributes its comprehensively researched programs through YouTube and an HBO show. HBO is owned by Time Warner.