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Venture Capital News: Vice Media Lands $500M

2014-09-04
BROOKLYN, NY, Vice Media has finalized two investment deals worth a combined $500 million.
According to published reports, Vice Media has finalized two investment deals worth a combined $500 million. Technology Crossover Ventures, a Silicon Valley venture capital firm, and A&E, which owns a number of popular television networks, have invested $250 million each.

VIRTUE Worldwide was conceived in 2006, when VICE Media Group decided it should breathe life into the flat-lining field of communications. What it created is now a full-service agency, covering brand strategy, creative development, production, distribution, and research- all under a single roof. VIRTUE has developed into yet another arm of a Shiva-like media organization that is raising the world of creative media to unseen heights.

VICE- which includes Vice Magazine, Vice Books, Vice Records, Viceland.com, and VBS.TV- was founded in Montreal in 1994. Today it is the world's leading next-generation youth-media company, with offices and operations in 30 countries across every continent but that unpleasantly frozen one. We are storming the world with an undiluted message of creative purity and innovative force.
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