--- description: Ascendent media group Vice is collecting $250 million each from Technology Crossover Ventures and television group A&E Networks. title: Vice Media Nabs $500 Million Investment image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Media](/tag/media/) ## Media Update your preferences in [Account Settings](/account/preferences/) Close # An Ascendant Vice Media Nabs $500 Million in Investments by [Elizabeth Barber](/author/time-staff/) ## Elizabeth Barber Update your preferences in [Account Settings](/account/preferences/) Close Sep 4, 2014 10:00 AM CUT by [Elizabeth Barber](/author/time-staff/) ## Elizabeth Barber Update your preferences in [Account Settings](/account/preferences/) Close Sep 4, 2014 10:00 AM CUT Vice Media is to receive two [investments](http://www.nytimes.com/2014/09/04/business/media/vice-lands-2nd-investment-to-fuel-expansion.html?src=busln "undefined") totaling $500 million, The New York _Times_ reports. The ascendant media empire — which has built a following for its gritty reporting from conflict zones and its unabashed probes of everything from drugs to gangs and sex — is collecting $250 million each from Technology Crossover Ventures (which has previously backed Facebook and Netflix), and television group A&E Networks. Those transactions value Vice at more than $2.5 billion, the New York _Times_ said. BuzzFeed, the assiduous stockpiler of all things viral, was in comparison valued at just $850 million when it received a recent $50 million investment, reports the _Times_. Older media have been rattled by Vice’s ascendance from a off-kilter, Montreal-based punk magazine to a content giant with bureaus in 35 countries. Based in Brooklyn, its trendy target audience’s spiritual home, Vice has been criticized, but also much admired, for its unabashed courtship of young audiences and its willingness to report from the front line. In a recent five-part Vice report, journalist Medyan Dairieh spent three weeks with ISIS fighters and recruits in Raqqa, Syria, the brutal terrorist group’s declared capital. But at the same time, the media group offers lighter fare, ranging from sports to food and contemporary music. [\[_NYT_\]](http://www.nytimes.com/2014/09/04/business/media/vice-lands-2nd-investment-to-fuel-expansion.html?src=busln "undefined") ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3266935/vice-media-500-million-facebook-ae-networks-technology-crossover-ventures-investments/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3266935/vice-media-500-million-facebook-ae-networks-technology-crossover-ventures-investments/"},"headline":"An Ascendant Vice Media Nabs $500 Million in Investments","datePublished":"2014-09-04T10:00:00.000Z","dateModified":"2026-02-21T10:00:05.862Z","description":"The transaction values the company at more than $2.5 billion","url":"https://time.com/3266935/vice-media-500-million-facebook-ae-networks-technology-crossover-ventures-investments/","keywords":["Media","buzzfeed","Islamic State"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Elizabeth Barber"}],"articleSection":"World","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/media/","name":"Media"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3266935/vice-media-500-million-facebook-ae-networks-technology-crossover-ventures-investments/","name":"An Ascendant Vice Media Nabs $500 Million in Investments"}}]}] ```