James Murdoch, former CEO of 21st Century Fox, has taken a small stake in Vice Media. Mr. Murdoch, who already sits on Vice’s board, made the investment as part of Vice’s recent acquisition of Refinery29.
The investment, which was first reported by The Financial Times, is through Mr. Murdoch’s holding company, Lupa Systems which he formed after leaving 21st Century Fox. Additionally, Murdoch has invested in a diverse group of media businesses that looks very different from the one his father founded. Also, he is less interested in traditional news ventures.
In addition, he has also invested in other companies including Tribeca Enterprises, which owns the Tribeca Film Festival as well as a production studio. This year, he invested into Artists, Writers & Artisans, a new comics publisher founded by former Marvel executives.
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…