VICE Media Closes Sale To Former Lenders, Colt Cabana, Being The Elite (Video)

Deadline reports that VICE Media’s sale to a group of former lenders led by Fortress Investment Group, Soros Fund Management, and Monroe Capital is now complete.

The digital media and broadcasting company is now officially under new management.

The sale was announced this past June and is valued at $350 million. VICE Media is the parent company of VICE TV, where Dark Side Of The Ring airs.

The new owners said the following in a joint statement,

“We are very pleased to complete the acquisition of Vice and we are excited to build upon the achievements of one of the most iconic brands in news and entertainment. We look forward to growing a strong business that is committed to serving audiences, brands and partners with award-winning content. With a strong management team in place, Vice is well-positioned to grow its uniquely compelling world-class businesses and drive value during its next chapter.”

Episode 358 of Being The Elite, titled, Colt Gets Tagged In, is now online. You can check that out below:

Appearing as the guest on this week’s “Hey! (EW)” with RJ City, Colt Cabana revealed how he played a season of college football for the Western Michigan Broncos so that Jim Ross could say so on live television. He said,

“Jim Ross did, when I debuted here in AEW. I specifically said ‘Jim, 20 years ago I walked onto Western Michigan University, Division I-A football, where I was the worst Division 1-A football player of all time. But I only did it so you could say ‘Wrestler Colt Cabana, Division 1-A football.’”

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