Vice CEO: Big Money Still in TV Despite Digital Growth

Re/code: A hot young media brand that says it’s the voice of a new generation is gearing up for its next huge launch with … a cable channel? “It’s a very logical decision,” Vice Media CEO Shane Smith said. Vice will soon launch Viceland, a cable news network backed by Disney and A&E Networks. While the mass audiences are now on digital, the big money is still in TV. “It’s bringing us more advertising, more money, more licensing.”