Vice Media Enters The Art World With A Controlling Stake In Dasha Zhukova's Garage Magazine

Dasha Zhukova, photo courtesy of the Observer

By WHITEHOT STAFF, JUL. 2016

The Financial Times says: "Vice Media has acquired a controlling stake in Garage Magazine, an art and culture publication founded by Dasha Zhukova, the wife of Russian billionaire Roman Abramovich, as the youth brand pushes into contemporary art.

Vice said it would beef up Garage’s online presence, building a digital video channel, expanding its editorial team and launching new international editions. Ms Zhukova, Garage’s editor-in-chief, will continue in her role. Terms of the deal were not disclosed."

Read full article in the Financial Times