2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • Rupert Murdoch Just Bought A 5% Stake In Vice Media For R710 Million

    21 Aug 2013 by Jasmine Stone in Media, Money, Rupert Murdoch
    Related Posts
    • Friday Morning Spice
    • Wednesday Morning Spice
    • Wednesday Morning Spice
    • Notorious Russian Mercenaries Recruiting Through Pornhub
    • The Craziest Things Junior Doctors See In Hospitals [Video]

    The man who lost $550 million when he bought and sold MySpace is chasing the younger, edgier crowd again. This time, Rupert Murdoch has purchased a 5% stake in Vice Media for $70 million. And this time, we think he’s got a winner!

    This new acquisition will value Murdoch’s News Corp at, wait for it… $1,4 billion.

    Vice, a company that started as a Canadian music magazine, has become famous for its provocative, out of the box, forward thinking, and sometimes utterly weird approach to journalism.

    Robert Thompson, the director of the Bleier Center for Television and Popular Culture at Syracuse University said:

    If he is going to continue building a media empire, one needs to reach younger audiences

    In 2012, one of Murdoch’s Twitter followers asked him if he would buy Vice. His response:

    No way! Last thing they need is corporate sponsorship

    Times change. People change. Money changes people.

    [Source: The Daily Beast]

    • ← The Rise And Rise Of The Gemstone [PICS]
    • City of Joburg’s Online Services System Let’s You View Anyone’s Private Information →
    • Tweet
    • Tags:
    • news corp
    • Rupert Murdoch
    • Vice
    • vice media

    Latest News

    • LEGO Built A Life-Sized, Drivable Bugatti Chiron [Video]

      [imagesource:unsplash] Forget about the beach-ball-sized Lego Deathstar your kid wanted...

    • Elon Musk Once Held Up Grimes’ Cyberpunk 2077 Recording Session With 200-Year-Old Firearm

      [imagesource:x/grimezszcharts] A newly published biography, penned by Walter Isaacson, ...

    • South Africans Called ‘Crazy’ For Putting Avo On Pizza, But Is It Really Weird? [Video]

      [imagesource:pexels] If ya'll thought toppings like pineapple and pickles on pizza were...

    • What Happens To The Children Of Mafia Families Who Want Out?

      [imagesource:pexels] We just adore a classic mafia flick or TV show, but seldom do we t...

    • Seventeen Antonij Rupert Wines Feature In New Tim Atkin’s 2023 Special Report

      [imagesource:facebook/anthonijrupertwyne] Master of Wine, Tim Atkin, has just released ...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo