According to a report in the Financial Times, Century Fox has invested $70 million in media company Vice Media, giving Fox a 5 percent stake in the company and valuing Vice at $1.4 billion.
Vice Media official site is Vice.com
Vice Media bought the domain name Vice.com in 2010 from the large domain investor Anything.com.
A recent profile in The New Yorker said that in 2012, the company brought in $175 million in revenue, more than 80 percent of it from the web.
Vice has also received funding from ad holding company WPP, merchant bank Raine, and former Viacom CEO Tom Freston, but according to the FT, the company’s senior management still controls 75 percent of Vice.
