According to a report in the New York Times, talks for a deal between Vice and Time Warner have fallen through after the two sides could not reach an agreement on the value of Vice. Reports of negotiations between the two companies emerged in June, with initial valuations for Vice supposedly topping $2 billion. The move marks the end of talks that led to speculation that Time Warner could either add Vice to its portfolio or at least firm a strong joint venture. Vice has become one of the most sought-after media commodities thanks to its young audience and popular online video content.
Thanks for checking us out. Please take a look at the rest of our videos and articles.
To stay in the loop, bookmark our homepage.