James Murdoch acquires Vice Media stake
October 11, 2019
James Murdoch, the son of media mogul Rupert, has agreed to buy a minority stake in Vice Media Group via his private investment company, Lupa Systems, which launched earlier this year.
Murdoch has been on Vice Media’s board of directors since 2013. The digital media and broadcasting group specialises in millennial-skewed content.
Following news of the acquisition, The FT stated that Murdoch is “seeking to distance himself from the conservative outlets” that his father controls.
Other posts by :
- SES predicts end of ‘big’ Geo satellites
- Amazon Leo gets approval for 4,504 extra satellites
- SpaceX gets a portion of India
- TerreStar wants to build LEO network
- Musk: “No Starlink phone”
- Russia accused of eavesdropping on satellites
- FCC welcomes Musk’s 1m satellite plan
- Telesat has problems with an LEO
- Orbital debris a real danger
