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»shane smith

Vice Abandons SPAC Plans; Databricks Valued At $38 Billion In Latest Round

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. SPAC’s All Folks Vice Media officially nixed plans to go public via a special purpose acquisition company (SPAC), at least for now, The Information reports. However, Vice did raise an additional $85 million from existing investors. A portion of those funds are earmarked for... Continue reading »
by AdExchanger // September 1st, 2021 //
»
CEO Shane Smith Slams Programmatic, As Vice Trumpets GroupM Deal

When Vice needed to diversify its distribution beyond Facebook and YouTube, it didn’t look to other digital platforms. Instead, said CEO Shane Smith, Vice partnered with HBO and hatched plans for a TV network. “We realized we couldn’t be hostage to Facebook and YouTube. We had to go off-platform,” he told WPP head Martin Sorrell... Continue reading »
by Sarah Sluis // September 15th, 2016 //
»
 

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