By John Glenday

Vice Media has announced it has made a minority investment in two youth brands, sinking $250m into both Technology Crossover Ventures and A+E Networks.

The investments will be used to develop digital products and distribution to enable audiences greater choice in accessing its content across all devices, screens, social networks and digital platforms. Vice will also develop thousands of hours of additional multi-screen content.

Shane Smith, Vice’s founder and CEO, commented: “Vice is very excited to announce today that we have closed deals with both A+E on the media/terrestrial TV side and TCV on the tech side.

“We believe that these new partnerships Read full story ›

Source: The Drum