Essence in Talks to Buy Refinery29 from Vice Media

Wednesday, 28 February 2024, 21:51

Essence is in discussions to purchase Refinery29 from Vice Media, which bought the women's lifestyle site for $400 million in 2019. This move comes as Vice is undergoing restructuring and strategic changes under its new ownership. The potential acquisition signals a significant development in the media and publishing industry.

https://store.livarava.com/27c91564-d68d-11ee-b896-5254a2021b2b.jpe — Essence in Talks to Buy Refinery29 from Vice Media

Essence in Talks to Buy Refinery29 from Vice Media

Essence is currently in negotiations with Vice Media for the acquisition of Refinery29, a women's lifestyle site that Vice purchased for $400 million in 2019. The talks signify a major step in media industry restructuring.

Key Points:

Essence and Vice Media discussing potential acquisition of Refinery29
Vice facing challenges under new ownership

Conclusion: Acquisition talks between Essence and Vice for Refinery29 showcase significant changes in the media landscape, with implications for both companies.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.