Thank You Lot Janet Yellen: Vice Valued At $5.7 Billion

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Title : Thank You Lot Janet Yellen: Vice Valued At $5.7 Billion
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Thank You Lot Janet Yellen: Vice Valued At $5.7 Billion

Yet, only about other bargain that could bring never been done without Fed chair Janet Yellen printing billions of novel dollars.

Vice Media has secured a $450 1000000 investment from the mortal equity group, TPG.

The bargain puts a valuation on the youth-oriented word outfit of  $5.7 billion.

According to the Financial Times, Vice is valued at virtually $2bn to a greater extent than than Tribune Media fetched when the possessor of 42 U.S. of A. tv set stations was sold of late to Sinclair Broadcast. It is to a greater extent than than double the marketplace position value of the New York Times, 4 times what the Financial Times damage Nikkei when the Japanese society acquired it 2 years agone together with to a greater extent than than 22 times what Jeff Bezos, the Amazon founder, paid for the Washington Post inward 2013.

Vice is privately owned together with does non discover its fiscal performance. But co-founder Shane Smith said 2 years agone that revenues had hitting $1billion, although it subsequently emerged that this figure included bookings, alongside the existent recognized revenue beingness closer to only $500 million.

Some headlines on today's Vice forepart page:

I Found Out I Was HIV Positive at a Gay Bar
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H5N1 Party Has to Be More Than Gay to Qualify every bit "Queer"
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Activists Are Trying to Drive a Hipster Coffee Shop Out of East LA
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10 Questions You Always Wanted To Ask: Tantric Sex Guru
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Racist Instagram Photos Tore a California High School Apart

  RW


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