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> Then it was acquired By who? The Wikipedia article on Vice Media says they were acquired in 1999--without listing who the acquirers were--but also says that
by chipotle_coyote 8y ago
> Then it was acquired
By who? The Wikipedia article on Vice Media says they were acquired in 1999--without listing who the acquirers were--but also says that the cofounders bought it back in 2001. All of the pivoting you're talking about appears to have happened under the original management, in any case, didn't it? They've had investment from a bunch of "old media" companies over the years, but original founder Shane Smith retained a controlling interest. (It looks like Disney will own more of the company than he does once their merger with Fox is completed.)
- dleslie 8y agoIt's not an acquisition, per se, so much as some of it was acquired and the leadership changed at a time that major changes were being undertaken. At a time when the executive controlled roughly 3/4 of Vice, Fox purchased 5% of it; other major media have done so. Shortly before this occurance, Gavin McInnes had left his leadership role over alleged differences of opinion on how to run Vice Media. His departure, the arrival of large media conglomerates as large minority shareholders, and the rapid expansion of Vice into new properties and markets all occur within a very short time span.