Vice Media Seeks Expansion

Vice Media Group wants to expand its already large empire, and to do so, has enlisted a little help from some big friends. According to The New York Times, the company is about to announce three new investorsTom Freston, one of the founders of MTV, the media giant WPP, and the investment firm Raine Group – that will help it grow.

The sum of the investment is reportedly in the high eight figures, and is going to aide with additional international expansion, as well as increased news and sports coverage.

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