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Vice Media is set to create a joint venture with Savage Ventures, involving an investment of tens of millions of dollars to relaunch its digital properties, including Munchies, Motherboard, and Noisey. This strategic move aims to revitalize Vice Media's online presence and expand its digital footprint.
For today's edition of @AxiosPro Media Deals, @tim_bays and I covered (+ @sarafischer): 👀 @VICE creates JV with @savage_ventures 🗣️ @trustedmediainc CEO Bonnie Kintzer on pivots 🎶 @officialconcord ends bidding war with @blackstone for @HipgnosisSongs https://t.co/ADKzqkCd6H
Exclusive: @ViceMedia will create a JV to relaunch its digital properties, including https://t.co/Oboe40P1FH, Munchies, Motherboard, and Noisey. Savage Ventures will invest "tens of millions of dollars" into the JV More on @axios https://t.co/2MNyJyBtZB
Vice Media plans to create a joint venture with Savage Ventures, which will invest "tens of millions of dollars", to relaunch its sites, including https://t.co/tFW7I3Nvc4 (@sarafischer / Axios) https://t.co/YG6Pv04Xvb https://t.co/yWi9FppPhS
