This included online content verticals and related web series, a news division, a film production studio, and a record label, among other properties.
[32][29] As the magazine became more successful, the company received an investment of $4 million by Canadian investor Richard Szalwinski and Vice relocated to New York City in 1999.
[36] In 2007, Vice Media began expanding its digital video operation, launching new channels, such as Motherboard (tech), Noisey (music), and The Creators Project, an arts/technology site founded in partnership with Intel.
[48] In August 2014, A&E Networks, a television group jointly owned by The Walt Disney Company and Hearst Corporation, made a US$250-million investment in Vice Media for an ownership stake of 10%.
[58] In June 2017, Vice secured a $450 million investment from private-equity firm TPG Capital to increase spending on scripted programming and ongoing international expansion.
In addition, over 20 other women stated that they had experienced or witnessed sexual misconduct, including unwanted kisses, groping, lewd remarks and propositions for sex at the company.
In a statement provided to The New York Times, Vice co-founders Shane Smith and Suroosh Alvi said, "from the top down, we have failed as a company to create a safe and inclusive workplace where everyone, especially women, can feel respected and thrive.
"[64] Vice has also been criticized by current and former employees for featuring work by Terry Richardson, a photographer facing accusations of sexual abuse by multiple models.
[40] In another documentary, a former female employee covering a story about sex workers in a developing country said Vice attempted to "sensationalize and exploit" the women depicted.
[40] In March 2018, Vice Media co-founder Shane Smith announced he would no longer continue as CEO and would take on the new title of Executive Chairman.
"[66] On 20 August 2018, Vice's Munchies and Fremantle Media signed a deal with Triple Five Group to gain control of the food hall at American Dream Meadowlands.
[69] The same month, CEO Nancy Dubuc told an audience at The New York Times Dealbook conference that Vice would return to profitability the following year.
[9] In September 2021, it was reported that Vice raised another investment round following cancelled plans to go public via special purpose acquisition company (SPAC).
The program is slated to run 48 weeks each year, featuring pre-edited video and graphics segments covering global news, technology, the environment, economics and pop culture, while eschewing the use of live TV anchors.
[136] Distributed by Netflix The MTV series The Vice Guide to Everything, which premiered in December 2010, was a weekly news magazine featuring short video segments on various global issues, hosted by Shane Smith and roster of correspondents.
[142][143] Based in Brooklyn, New York, the combined 450-person global consultancy provides the services of a full agency network and multi-platform content creation studio.
[3] Relying on these in-house and acquired agencies, apart from its editorial operations, Vice works with advertisers to create global ad campaigns tailored to the company's younger audience.
[146] Vice maintains the separation between the production of branded and hard news content, while some critics contend that their operation "blurs the line between editorial and sponsorship".
However, the deal fell through as the companies were unable to agree on a proper valuation,[163] and Vice Media chose to partner with A&E Networks for a 10% minority stake.
[50] On 30 October 2014, Vice Media announced a CDN$100 million joint venture with Rogers Communications that to facilitate the construction of production facilities in Toronto, as well as the introduction of a Vice-branded television network and digital properties in Canada in 2015.
[169][170] In late 2016, Vice announced a news and content expansion into the Indonesian market, with the goal of reaching the country's roughly 100 million young adults aged between 18 and 34 years.
As of 7 November 2016, Vice had struck digital and cable programming deals with Google and Indonesian television network Jawa Pos TV to broadcast its original lifestyle, culture and news content.
[175][176] In November 2017, Vice announced the launch of a new Asia Pacific office with a dedicated CEO to oversee programming and business operations in India, Thailand, Malaysia, Indonesia and elsewhere in the region.
[177] The headquarters, in Singapore, will include "studio space that will be used for original documentary, drama, and film projects as well as by Vice's branding agency, Virtue.
[156] In 2015, Vice announced it invested an "undisclosed sum" in VRSE.farm, a virtual reality company founded by acclaimed director Chris Milk.
The announcement came alongside a debut VR experience at the Sundance Festival, a "virtual-reality journalism broadcast" made in partnership with Spike Jonze and Vice News.
[193][194] As of 22 March 2017, Pulse Films produces original content, including the series Pillowtalk and Twiz and Tuck Bucket List for exclusive release on video.vice.com, Vice's digital video hub.
[192] Vice acquired UK magazine Garage in July 2017 to expand its foothold in the youth market, and announced plans to launch a digital channel focused on art, fashion and literature.
[199] At the time, a leader from one of the unions said: "We have built a constructive relationship with Vice management and applaud the company for continuing to respect the right of its employees to engage in collective bargaining.
Vice chief executive, Matt Elek, claimed the NUJ had displayed "a concerning lack of transparency from them about who they are purporting to represent here [and had] not been able to provide us with any numbers to demonstrate the degree of support they have in this office", adding that: "The NUJ are used to working with old print media businesses and structures – they are not used to innovative, digital workplaces like this where the culture has always been to encourage flexibility and allow people work across different departments.