8/22/2023 0 Comments Vice media jobs![]() ![]() But a company as successful as Vice should be paying decent wages. Most people don't go into the media to get rich. And they unanimously said that while Shane Smith is getting rich, they're struggling just to pay the bills. A few months ago, we asked Vice employees to tell us what it's like working there. In the New York media world, Vice has a reputation as a less than ideal employer. So Vice's headquarters should be packed with happy employees. ![]() The money is flowing, and the parties are lavish. Vice Media has a successful cable show, a successful global magazine, and successful websites in multiple verticals, all supported by a successful ad agency that sells the company's cool young audience to major corporate brands. Barring any economic collapses in the meantime, a public offering would certainly make Shane Smith a billionaire. That's probably exaggerated, but perhaps not by too much-the same report said that Vice's annual revenue could reach $1 billion by 2016. That sounded like a lot, until Smith speculated in March that Vice could go public at a valuation of more than $20 billion. Last year, he lured a $70 million investment in his company from 21st Century Fox. In addition to becoming a TV star by hosting Vice's HBO show, he is a business star in the media world. Shane Smith is, in fact, a Very Important Person now. Shane Smith and a couple of friends breezed in the front door, straight through the VIP entrance, without even pausing to gladhand on the red carpet. Inside, glamorous models on stilts teetered through the crowd, and more earthbound models passed out trays of free liquor. The line of young, streetwear-clad hopefuls waiting to get in stretched around the block. The former Williamsburg Savings Bank, now a party palace, was lit up like a glowing wedding cake. ![]() Last week, Vice Media and Bacardi had a huge party in a towering event space under the Williamsburg bridge. So why are its employees so broke and pissed off? Vice's founder, Shane Smith, has speculated his company could raise tens of billions of dollars. It's the counterculture empire that even Rupert Murdoch could love. Vice Media is one of the hottest media properties in America. ![]()
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