Huffpost Media

Vice Media Embarks On Big Expansion

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VICE

[Vice] is about to grow larger still with the backing of some of the biggest names and deepest pockets in the media business.

Vice is preparing to announce investment partnerships with Tom Freston, MTV's co-founder; WPP, the giant media conglomerate; and the Raine Group, a boutique investment firm. To help it expand, Vice has also enlisted William Morris Endeavor Entertainment and its chief executive, Ari Emanuel, to represent the company.

Read the whole story at nytimes.com