Vice Media is now worth more than The New York Times and Oprah Winfrey
Vice Media's edgy, counterculture, take-no-prisoners reporting has made the millennial-friendly brand one of the most valuable media corporations in the world. And now, Vice has sealed a 24-hour cable channel deal with A&E. Viceland, as the new channel will be called, will take over A&E's H2 channel in February, with Spike Jonze as creative director.
The folks at A&E are hardly the only ones rooting for Vice. Disney also recently invested $200 million in Vice, and 20th Century Fox has likewise put many millions into the company.
Today, Vice is valued as high as $4.5 billion, The New York Times reports. That's a rather astounding number — so let's put it in perspective. Vice is potentially more valuable than...
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- AOL ($4.4 billion)
- The Dallas Cowboys ($4 billion)
- Oprah Winfrey ($3.2 billion)
- Yelp ($3 billion)
- The New York Times (Around $2 billion)
- Github ($2 billion)
- BuzzFeed ($1.5 billion)
- Chuck E. Cheese ($1.3 billion)
- DraftKings ($1.2 billion)
- Vox Media ($1 billion)
Oh, and apparently Vice is worth roughly 18 Washington Posts. Amazon founder Jeff Bezos purchased that august newspaper for $250 million in 2013.
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Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.
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