Karlie Kloss Acquires i-D Magazine from Vice Media
Acquisition Part of Vice Media's Business Streamlining Amid Financial Struggles
- Supermodel and entrepreneur Karlie Kloss has acquired i-D magazine from Vice Media Group.
- The acquisition was conducted by Kloss and her company, Bedford Media, with financial terms not disclosed.
- Kloss will become chief executive of i-D, and Alastair McKimm, who has led i-D since 2019, will expand his role, becoming chief creative officer and global editor in chief.
- Vice Media Group, struggling financially and recently acquired out of bankruptcy by Fortress Investment Group, sold i-D as part of an effort to streamline the business.
- This is not Kloss's first venture into media ownership; she led a group of investors to acquire W magazine in 2020.