Disney raises stake in Vice Media
The Walt Disney Company has doubled its stake in Vice Media to roughly 10% (US$400 million), weeks after the corporation invested $2oo million in the youth-focused media group. According to the Financial Times, which first reported the story, the investment will enable Vice to further develop international programming for its forthcoming European channels and dedicated U.S. cable network, Viceland. Disney is the latest stakeholder in a group that includes ad holding company WPP, Technology Crossover Ventures, A+E Networks and 21st Century Fox.
ProSieben Maxx secures deal with Fox International Channels
Germany’s ProSiebenSat.1 has secured a deal with Fox International Channels Content Sales for about 200 hours of factual content for its free-to-air channel ProSieben Maxx. The series included in the sale have been targeted for the young, male demographic and feature adventure and survival themes. Highlights include endurance program Survive the Tribe from Icon Films; exploration series Dead End Express from Original Media; and docuseries Building Wild from 90 Miles Productions.