Saturday, August 17, 2013

Quote, unquote: Vice Media sells
a little piece to Murdoch

"The reality is that MTV was bought by Viacom and CNN went to Time Warner. We have set ourselves up to build a global platform but we have maintained control."
--Vice Media co-founder Shane Smith commenting about the 5% stake that was sold to Rupert Murdoch's 21st Century Fox. The deal allows it to expand in Europe and India. So far Vice Media has sold 25% of its share to various minority interests. 



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