Disney not planning to pursue Vice Media stake, Hollywood Reporter says

theflyonthewall.com

According to the Hollywood Reporter, sources say that neither Disney (DIS) nor 21st Century Fox (FOXA) are looking to invest in Vice Media. According to the sources, Disney is uninterested because Vice Media is not "family friendly," while 21st Century Fox is said to be "happy with its current stake." Time Warner (TWX) is said to still be interested in making an investment in Vice that would value the company at around $1.8B, though Vice CEO Shane Smith believes his company is worth "at least $2.2B."

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