People/Biz

Report: Vice Media in talks to acquire Refinery29

Millennial-focused brand Vice Media is reportedly in talks to purchase Refinery29, a digital media company catered to young women, according to a July 26 report from the The Wall Street Journal. It’s uncertain ...
July 29, 2019

Millennial-focused brand Vice Media is reportedly in talks to purchase Refinery29, a digital media company catered to young women, according to a July 26 report from the The Wall Street Journal.

It’s uncertain whether the outlets will strike a deal, though the merger would join “two of the largest venture-backed media companies in the U.S.,” the Journal‘s Benjamin Mullin reported.

Talks between Vice Media and Refinery29 are reportedly ongoing.

Refinery29 produces a diversity of written and video lifestyle content, including a short-film series titled Shatterbox Anthology, which is focused on increasing opportunities for women in film.

The potential purchase is poised to diversify audiences and revenue streams for the companies, both of which have struggled financially in recent years. Vice laid off 10% of its global workforce in February to focus on film, television production and branded content, while Refinery29 was forced to slash 10% of its staff in October 2018.

Representatives at Vice have declined to comment.

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

Menu

Search