New Viacom CEO interested in acquiring a piece of Vice

[Y2kTheNewOldies]

http://nypost.com/2016/12/02/new-viacom-ceo-interested-in-acquiring-a-piece-of-vice/

Yes and CBS wants a share of Vice too according to this link.

Still, said one industry source: “Strategically, it would be the best thing in the world for Bakish to buy” into Vice.

In another wrinkle for Viacom, CBS has also held initial talks about a Vice buy, The Post has learned.

“CBS has had a number of meetings [on Vice],” a source said. “Viacom and CBS have both eyed it. Shane would love to take over MTV.”

Vice’s assets include a web and TV operation based in Williamsburg, Brooklyn.

Separately, several sources told The Post that Disney does not appear to be moving forward on a plan to acquire any more than its current 23 percent stake in Vice.

A Wall Street Journal story in August suggested Disney was highly likely to acquire the entire business and that may still be part of a longer-term plan.

But for now, sources confirm, there are, “no active conversations” on that front.

Vice’s other backers include WPP and 21st Century Fox.

Time Warner also discussed a possible swap of its HLN cable channel, but talks foundered over valuation. Time Warner’s HBO currently airs Vice documentaries and a daily news show.

Reps at Viacom and CBS and Vice had no comment.

 

[Will_H_69_9]

if Viacom or CBS buys out Vice, then Viacom or CBS should make a deal to acquire A&E Networks' shares of Viceland or let A&E Networks shut the network completely down