Vice Under Pressure as Cable Channel Nears Launch

Variety: With the launch of the Viceland cable channel on Feb. 29, Vice Media has arrived at the most critical juncture in its 22-year rise from Canadian punk zine to global multi­media dynamo. To justify an eyebrow-raising valuation of between $4.2 billion and $4.5 billion, the company needs this new push into old-media extensions to compensate for diminishing returns expected for its core digital-based business.