Investment estimated at $200m comes as Vice is set to launch US cable TV network with UK and European channels also likelyWalt Disney has doubled its stake in Vice Media,the edgy, youth-focused media group, or in a deal that takes its stake to 10% and values the group at $4bn (£2.6bn).
According to sources familiar with the situation,Walt Disney is said to possess paid $200m for its additional 5% stake.
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Source: theguardian.com