Friday, June 20, 2025
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U.com
Home Featured

Influence Media, backed by Vanguard, set to acquire Vice Media

by MN4U Bureau
May 12, 2023
in Featured, Media
Reading Time: 2 mins read
A A
Influence Media, backed by Vanguard, set to acquire Vice Media
Share Share ShareShare

In a bid to revive Vice Media’s struggling finances and visibility, Influence Media Corp, backed by Vanguard United Investment Consulting, has offered to acquire the media giant.

Vice Media has faced financial difficulties in recent times, and this acquisition offer aims to revitalise the company. Mumbai-based Influence Media is Asia’s largest social media entity and owns numerous news pages and profiles across various social media platforms. Vanguard United Investment Consulting is a subsidiary of the Tbilisi-based Vanguard Hedge Fund, which also operates in Mumbai.

George Kobiashvili, the owner of Vanguard Hedge Fund, expressed his intention to acquire Vice Media in an official offer sent to the company, including an offer to settle the company’s outstanding debts. George believes that Vice Media and other similar organisations should be at the forefront of the movement to modernise conventional media outlets.

The acquisition offer from Influence Media Corp. aims to facilitate Vice Media to renegotiate its debt, improve its balance sheet, and bring in liquidity. Influence Media Corp. has an ambitious three-year expansion plan informed by extensive research on European and American media firms, including Vice Media. The acquisition aligns with both enterprises’ goals and values, and the companies hope to drive mutual success through this collaboration.

George Kobiashvili
George Kobiashvili

Speaking about the fund raising, George Kobiashvili, Founder, Vanguard Hedge Fund, said, “The current entertainment and journalism industries’ primary strengths are companies like Vice Media. Joining forces with Vice Media Company is a smart long-term decision for Influence Media Corp. For Influence Media’s growth in the US and Europe, the work Vice Media creates and the people they hire can be very beneficial. For this reason, we have decided to send Vice Media the letter of intent for the purchase proposal. I foresee that with the aid of this acquisition, Vice Media may in a year become a $10 billion company,”

Vice Media may pay off a piece of its debt today and spend more money to encourage growth, enhance cash flow, and turn a profit with the aid of their primary investor and the resources of Influence Media.

“Many firms face this issue, in which they become mired down in corporate red tape and end up making poor decisions without thoroughly assessing their options. There’s no reason not to talk about a billionaire’s offer before making any decisions that affect thousands of employees, investors, owners, and potentially millions of subscribers or viewers! He may offer to pay off some of your debt immediately and provide you with additional funds to boost the growth and cash flow of your firm”, concludes George.

Feedback: [email protected]

Tags: George KobiashviliInfluence MediaVanguard Hedge FundVice Media

RECENT POSTS

Zupee partners with Sony Entertainment Television's Kaun Banega Crorepati for Ghar Baithe Jeeto Jackpot Contest
Media

Zupee partners with Sony Entertainment Television’s Kaun Banega Crorepati for Ghar Baithe Jeeto Jackpot Contest

January 31, 2025
0

Gurugram:  Zupee, a skill-based gaming platform, has partnered with the iconic quiz show Kaun Banega Crorepati (KBC) to introduce the...

Read more
PVR INOX launches ‘Timeless Classics’ to bring iconic films back to the big screen
Media

PVR INOX launches ‘Timeless Classics’ to bring iconic films back to the big screen

January 31, 2025
0

MUMBAI: Multiplex operator PVR INOX is set to take cinephiles on a nostalgic journey with the launch of 'Timeless Classics',...

Read more
Mid-Day Infomedia named One of India’s Happiest Companies to Work For
Media

Mid-Day Infomedia named One of India’s Happiest Companies to Work For

January 31, 2025
0

Mumbai: Mid-Day Infomedia Ltd, a media powerhouse, has been officially recognized as one of the Happiest Places to Work, reflecting...

Read more
Sony Sports Network to air Legend 90 League from February 6
Media

Sony Sports Network to air Legend 90 League from February 6

January 29, 2025
0

Raipur: Cricket fans are in for a treat as Sony Sports Network has secured the television broadcast rights for the...

Read more
I&B Ministry announces initiatives in the lead-up to the first World Audio Visual Entertainment Summit
Media

I&B Ministry announces initiatives in the lead-up to the first World Audio Visual Entertainment Summit

January 29, 2025
0

MUMBAI: The Ministry of Information and Broadcasting has announced a series of initiatives in the lead-up to the first World...

Read more
Abhay Chheda named as Vice President - Syndication and Distribution for Atrangii, Ullu, and Hari Om OTT
Media

Abhay Chheda named as Vice President – Syndication and Distribution for Atrangii, Ullu, and Hari Om OTT

January 28, 2025
0

Mumbai: Atrangii, Ullu, and Hari Om OTT, owned by media baron Vibhu Agarwal, have announced the appointment of Abhay Chheda...

Read more

LATEST NEWS

Born to Be Wild: A Thrilling Wildlife Adventure Series across the Amazonian, African and Australian Wildernesses, Premieres on History TV18

Born to Be Wild: A Thrilling Wildlife Adventure Series across the Amazonian, African and Australian Wildernesses, Premieres on History TV18

January 31, 2025
Mindshare and Modi Illva launch The Rockford Circle Season 2, highlighting India’s rising entrepreneurs

Mindshare and Modi Illva launch The Rockford Circle Season 2, highlighting India’s rising entrepreneurs

January 31, 2025

ANALYSIS

MRSI Golden Key Awards 2024 to recognize Industry Icons Ashok Das, C. K. Sharma, and Dr. Lalit S. Kanodia
Analysis

MRSI Golden Key Awards 2024 to recognize Industry Icons Ashok Das, C. K. Sharma, and Dr. Lalit S. Kanodia

January 31, 2025
0

Mumbai: The Market Research Society of India’s (MRSI) Golden Key Awards has rapidly become the foremost platform acknowledging and celebrating...

PEOPLE

Noel Tata
People

Tata Group Leader Noel Tata awarded Honorary Doctorate by the University of Sussex

January 31, 2025
0

New Delhi: The University of Sussex has conferred an honorary doctorate upon Noel Tata, a distinguished business leader within the...

MARKETING

Etihad Airways takes center stage as Chennai Super Kings' Front-of-Jersey sponsor
Marketing

Etihad Airways takes center stage as Chennai Super Kings’ Front-of-Jersey sponsor

January 31, 2025
0

Mumbai: Etihad Airways, the national airline of the UAE, has elevated its partnership with Chennai Super Kings (CSK) by securing...

Subscribe to Newsletters

ADVERTISING

Hansa Research earns ISO Certifications, strengthening quality and security standards
Advertising

Hansa Research earns ISO Certifications, strengthening quality and security standards

January 31, 2025
0

MUMBAI: Hansa Research Group, a wholly-owned subsidiary of R K SWAMY Ltd., has received ISO 9001:2015 certification for quality management,...

PRINT

Omnicom Media Group dominates Global Media Growth in 2024: COMvergence
Advertising

Omnicom Media Group dominates Global Media Growth in 2024: COMvergence

December 19, 2024
0

Mumbai: Omnicom Media Group (OMG), the media services arm of Omnicom and parent to global media agency networks OMD, PHD,...

AUTHOR'S CORNER

The Power of Purpose: Why Students Choose Brands with Social Impact
Authors Corner

The Power of Purpose: Why Students Choose Brands with Social Impact

January 31, 2025
0

Students are reshaping brand interactions through strategic social awareness. Their purchasing decisions transcend traditional consumption, becoming powerful tools for systemic...

UPLIFT MEDIANEWS4U DIGITAL PVT LTD
No. 194B , Aram Nagar 2, JP Road,
Versova, Andheri West
Mumbai - 400061

For editorial queries:
[email protected]
[email protected]

For business queries:
Smitha Sapaliga - +91-98337-15455
[email protected]

Recent News

MRSI Golden Key Awards 2024 to recognize Industry Icons Ashok Das, C. K. Sharma, and Dr. Lalit S. Kanodia

MRSI Golden Key Awards 2024 to recognize Industry Icons Ashok Das, C. K. Sharma, and Dr. Lalit S. Kanodia

January 31, 2025
Born to Be Wild: A Thrilling Wildlife Adventure Series across the Amazonian, African and Australian Wildernesses, Premieres on History TV18

Born to Be Wild: A Thrilling Wildlife Adventure Series across the Amazonian, African and Australian Wildernesses, Premieres on History TV18

January 31, 2025
Mindshare and Modi Illva launch The Rockford Circle Season 2, highlighting India’s rising entrepreneurs

Mindshare and Modi Illva launch The Rockford Circle Season 2, highlighting India’s rising entrepreneurs

January 31, 2025

Newsletter

Subscribe to Newsletters

Medianews4u.com © 2019 - 2024 All rights reserved.

  • The South Side Story 2023 Download Report
  • Goafest 2023: Day 3
  • Goafest 2023: Day 2
  • Goafest 2023: Day 1
  • Straight Talk Gallery 2022
  • The South Side Story 2022 Download Report
  • Focus 2022
  • Futurescope Conclave Gallery 2022
  • The South Side Story 2021 Download Report
  • FOCUS 2021
  • Exclusive
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit

Medianews4u.com © 2019 - 2024 All rights reserved.