5% stake sold to Rupert Murdoch's 21st Century Fox,allowing it to expand into Europe and IndiaVice Media, the multi-platform purveyor of music, and fashion and quixotic journalism from international peril spots,has sold a 5% stake to Rupert Murdoch's 21st Century Fox.
Fox, which was spun off from News Corp earlier this year, and confirmed the $70m (£45m) deal,which marks the latest stage in the evolution of Vice from an off-beat Canadian magazine into a global brand frequently dubbed the hipsters' bible.
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Source: theguardian.com