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Vice Seeks 24-Hour News Channel
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Transcript of Vice Seeks 24-Hour News Channel
![Page 1: Vice Seeks 24-Hour News Channel](https://reader034.fdocuments.net/reader034/viewer/2022051609/547d0c3e5906b584378b45fd/html5/thumbnails/1.jpg)
7/25/14
HBO’s Vice Seeks 24-Hour News ChannelBy Peter Getty
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HBO’s embedded journalism program Vice hasn’t become a cultural phenomenon…yet.
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Vice sends journalists to some of the most dangerous places on the planet, from Sudanese rebel camps to escape parties
fleeing North Korea.
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The reporting stands out in stark contrast to most news media, cutting through mainstream news tropes. Vice makes
a bee-line directly to the heart of major global issues.
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Vice began in 1994 as a free magazine in Montreal. Now they have the HBO show, a film production company, a record
label, and a publishing imprint.
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Chief Executive Shane Smith is now being courted by 21st Century Fox, Time Warner, and Disney.
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Smith is an outspoken critic of mainstream media, but he has reasons to consider teaming up with the enemy – he has big plans for Vice. Even though the television show has only 22
episodes under its belt, Smith wants Vice to have its own television network, as well as a movie deal arrangement.
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Teaming up with Disney would be a bizarre move for Vice, which has cultivated a brand of being an outsider. Journalists
lack the sheen of the mainstream press.
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Remember when Dennis Rodman visited North Korea?!
That was Vice.
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Time Warner has reportedly offered Vice control of a cable channel, essentially giving them a 24-hour news channel.!
The issue is that Time Warner value Vice at $1.5 billion.!Smith thinks it ought to be closer to $2.5 billion.
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Will Vice be able to maintain their mission of delivering ‘News from the Edge?’ as a part of a major corporation?
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“It’s not like we’re beggars coming cap in hand saying please give me a network. We’re bringing Gen Y, we’re bringing mobile, we’re bringing social, we’re bringing all of these
things that they don’t have.”
–Shane Smith, Vice