Report: Disney Doubles Stake In Vice To $400 Million | HuffPost - Action News
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Posted: 2015-12-08T19:49:07Z | Updated: 2015-12-08T19:49:07Z Report: Disney Doubles Stake In Vice To $400 Million | HuffPost
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Report: Disney Doubles Stake In Vice To $400 Million

Report: Disney Doubles Stake In Vice To $400 Million
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Senior Media Editor, The Huffington Post

Dec 8 (Reuters) - Walt Disney Co is doubling its stake in youth-focused digital media company Vice Media to $400 million, a source familiar with the matter said.

The deal will boost Disney's stake in Vice to about 10 percent and values the company at more than $4 billion, the source said.

FT first reported the news on Tuesday .

Disney was not immediately available for comment.

Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D'Souza

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