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(6,057 posts)James Murdoch Joins Board of Media Company Vice
By RAVI SOMAIYA
Published: November 21, 2013
James Murdoch, a 21st Century Fox executive and the son of the media mogul Rupert Murdoch, has joined Vice Media as a director, two people with knowledge of the appointment said on Thursday.
Over the summer Fox acquired a 5 percent stake in Vice, whose brand of video and print journalism has spread from scrappy start-up to establishment outlets like HBO. Fox paid $70 million for its investment.
James Murdoch joined as a director as part of that deal, said one person with knowledge of the arrangement, who spoke on condition of anonymity to discuss confidential internal moves. Vice remains a privately owned company, with majority control of the board.
http://www.nytimes.com/2013/11/22/business/media/james-murdoch-joins-board-of-media-company-vice.html?_r=0