Time Warner, Vice Media Talks End Sans Deal
Time Warner’s talks to acquire a stake in digital news producer Vice Media have ended without an agreement.
A source confirmed that the talks broke down, but no reason was given. The development was first reported by TheNew York Times. Time Warner had no comment.
The deal being discussed would have had Vice program Time Warner’s HLN cable channel, which has been getting a makeover to appeal more to social-media active millennial viewers.
Read more at B&Chere
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.