By Angela Haggerty

Vice has received an investment boost after technology and media investment companies Technology Crossover Ventrues (TCV) and A+E Networks agreed deals to the tune of $500m to help the media company develop new products.

Both companies will invest $250m each and will assist in developing both tech products and content that can be consumed and distributed across a range of devices crossing digital, mobile and linear screens. TCV has previously worked with Netflix, EA and Facebook.

Shane Smith, Vice founder and chief executive, said the investment would drive Vice’s “quest for total media domination”.

“Vice is very excited to announce today that we Read full story ›

Source: The Drum