Vice Is Now Valued at $5.7 Billion, Thanks to $450 Million From Investment Firm TPG

It will remain independently controlled and operated

Vice's video and print offerings will continue to reach millennials around the world with this new investment. VICE

Vice just got another $450 million to expand its content empire. The investment, from global private investment firm TPG values Vice at $5.7 billion, according to founder and CEO Shane Smith.

@samimain Sami Main is social editor for Adweek, where she posts Adweek content onto social platforms and looks for creative ways to communicate what's new.