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Vice tunes into youth audience with frontline coverage in Charlottesville
19 August/20 August 2017 | Financial Times | Matthew Garrahan.

The Charlottesville film took Vice viewers much closer to the demonstrating racists than most rival media reports. While US news channels reacted to the demonstration and its violent aftermath when an anti-fascist protester was murdered by an alleged domestic terrorist, Vice was ahead of the game, Ms Bell said

“The mainstream media’s reaction to the march on the day felt like they were being taken by surprise but Vice was very well prepared,” she said. “They knew who the protagonists were and have been following this issue and thinking about it for a while. They knew about these protests for months and knew it would be a big story.”

Vice said Elle Reeve, its correspondent who reported from Charlottesville, had spent time earning the trust of key figures in the hate groups that participated in the march.

The mainstream media’s reaction to the march on the day felt like they were being taken by surprise but Vice was very well prepared

“It really is a triumph of old fashioned beat reporting,” said Josh Tyrangiel, executive vice-president of news at Vice. “She is able to distinguish between the different groups and the fact that she is capable of understanding them gives them some trust that she takes them seriously.”

Mr Tyrangiel said Vice’s decision to get close to the Charlottesville protesters reflected the interests of its audience. “There is so much going on in the world and successful news organisations know they can’t possibly own every story. We’re going to own the things that are very important to our audience. 

“If you’re CNN or the New York Times, they’ve done very well on their top [story] priorities. For us, because we lean younger, the rise of those groups seem like it’s one we should own.”

Investors in Vice are well aware of the company’s rising profile. The TPG deal was the latest in a string of investments in Vice, which has more than doubled in value since 2014. 

WPP, the world’s largest advertising group, was an early investor, buying an 8 per cent stake that is now worth more than $450m.

Rupert Murdoch’s 21st Century Fox bought 5 per cent in 2013 for $70m — a stake that is now worth close to $300m — while James Murdoch, the company’s chief executive, sits on the Vice board. Walt Disney recently paid $400m to double its stake to about 10 per cent while A&E Networks, a television group it owns with Hearst, invested in and launched Viceland, Vice’s cable channel.
digital_media  Charlottesville  white_supremacy  Vice  investors  Josh_Tyrangiel  TPG  WPP  21st_Century_Fox  anti-Semitism  Walt_Disney  valuations 
august 2017 by jerryking
Pixar closes its Vancouver studio after 3 years
Oct. 09 2013 | The Globe and Mail | by STEVE LADURANTAYE and IAN BAILEY.

Walt Disney Co. abruptly closed its Vancouver-based Pixar Canada studio, leaving 100 employees out of work just three years after opening with a promise to make the city a “beacon” for artists across the country...."As the dynamics of the animation industry continues to change rapidly, we continue to fine-tune our studio and its production processes. We have made the determination to refocus our creative and business efforts and resources under one roof. Pixar Canada will cease operations immediately"
layoffs  exits  Pixar  Walt_Disney  animation  Vancouver  digital_media  entertainment 
november 2013 by jerryking
Disney: When You Wish Upon a Startup
Venture Capital June 5, 2008, 5:00PM EST
Disney: When You Wish Upon a Startup
Its media-oriented VC fund, Steamboat Ventures, is quietly nurturing entrepreneurs

by Ronald Grover
venture_capital  Disney  Walt_Disney 
may 2009 by jerryking

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