Vice reported nearly £160 million ($222 million) in revenues across its U.K. businesses in 2019, with “Gangs of London” producer Pulse Films driving the company’s production gains.
Filings posted to the U.K.’s Companies House reveal that Vice U.K. revenues — which span Vice U.K. Limited, covering digital and Virtue, as well as Pulse Films, Vice U.K. TV, Studios and other commercial entities — were up 50% on 2018 figures (£106 million).
Meanwhile, operating profits grew to more than £18 million ($25.1 million) in 2019, marking a 163% year-on-year growth. This was driven by a diversified digital and commercial business that includes the likes of i-d and Virtue as well as Paradise and Edition Worldwide, but the main driver was record growth from the Thomas Benski and Marisa Clifford-owned Pulse Films, which posted £62 million in revenues — a 43% boost on 2018 figures.
While the U.K. has traditionally been the main market for Pulse, the robust growth...
Filings posted to the U.K.’s Companies House reveal that Vice U.K. revenues — which span Vice U.K. Limited, covering digital and Virtue, as well as Pulse Films, Vice U.K. TV, Studios and other commercial entities — were up 50% on 2018 figures (£106 million).
Meanwhile, operating profits grew to more than £18 million ($25.1 million) in 2019, marking a 163% year-on-year growth. This was driven by a diversified digital and commercial business that includes the likes of i-d and Virtue as well as Paradise and Edition Worldwide, but the main driver was record growth from the Thomas Benski and Marisa Clifford-owned Pulse Films, which posted £62 million in revenues — a 43% boost on 2018 figures.
While the U.K. has traditionally been the main market for Pulse, the robust growth...
- 3/18/2021
- by Manori Ravindran
- Variety Film + TV
Vice Media is laying off 55 U.S. staffers and about 100 more internationally as it faces uncertainty due to Covid-19.
The moves, which follow a 10% workforce reduction in early 2019, are the result of a need to shore up the company’s digital business, CEO Nancy Dubuc announced Friday in a memo to employees.
“The reality is that some tough decisions had to be made primarily around our digital teams,” Dubuc wrote in the memo, which was provided to Deadline. “Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue. Looking at our business holistically, this imbalance needed to be addressed for the long-term health of our company.”
Dubuc added that 90% of roles in the digital operation were preserved through various efforts and the group will now be overseen by Jesse Angelo, Amy Emmerich, Cory Haik, and Hosi Simon.
Departing employees in the U.
The moves, which follow a 10% workforce reduction in early 2019, are the result of a need to shore up the company’s digital business, CEO Nancy Dubuc announced Friday in a memo to employees.
“The reality is that some tough decisions had to be made primarily around our digital teams,” Dubuc wrote in the memo, which was provided to Deadline. “Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue. Looking at our business holistically, this imbalance needed to be addressed for the long-term health of our company.”
Dubuc added that 90% of roles in the digital operation were preserved through various efforts and the group will now be overseen by Jesse Angelo, Amy Emmerich, Cory Haik, and Hosi Simon.
Departing employees in the U.
- 5/15/2020
- by Dade Hayes
- Deadline Film + TV
Vice is reorganizing its international business once again, reshuffling its senior management and creating the new roles of international executive managing director, head of Viceland TV for the Emea region, and senior vice president, international, at Vice Studios. Hosi Simon, Tamara Howe, and Cj Fahey fill those three positions, respectively.
The international arm of the business has already undergone several restructurings, which have included layoffs in London and elsewhere. The company said no staff members were leaving in this new revamp, which sees Dominique Delport put his stamp on the management structure. Delport joined Vice from Vivendi last year as chief revenue officer and president for international. He said 2019 would be a “transformative year” for Vice “as we design our organizational structure to align with our business priorities.”
Simon becomes Vice’s executive managing director for international in the new configuration, reporting to Delport. Previously Vice’s CEO in the Asia Pacific region,...
The international arm of the business has already undergone several restructurings, which have included layoffs in London and elsewhere. The company said no staff members were leaving in this new revamp, which sees Dominique Delport put his stamp on the management structure. Delport joined Vice from Vivendi last year as chief revenue officer and president for international. He said 2019 would be a “transformative year” for Vice “as we design our organizational structure to align with our business priorities.”
Simon becomes Vice’s executive managing director for international in the new configuration, reporting to Delport. Previously Vice’s CEO in the Asia Pacific region,...
- 6/11/2019
- by Stewart Clarke
- Variety Film + TV
Vice is to explore hype culture around the world in an eight-part series for Chinese streaming service Tencent Video.
The youth-skewing brand is partnering with the Chinese platform for a half-hour series celebrating the creativity of a generation obsessed with finding the next big thing. The untitled series is being produced by Vice Studios and will be filmed in China, Japan, India, the UK, Germany, USA, Russia, Nigeria, and Jamaica.
It will shine a light on a decentralised global culture where particular scenes or sets of people are no longer the sole source of all trends – a post-millennial world where movements, attitudes, styles and changes are found in all corners.
The series will be released later this year and was unveiled at the Apos conference in Bali.
Vice has previously produced titles including street dancing doc Just Dance, alternative music series Trap in Southwest and Young Chinese in the country.
The youth-skewing brand is partnering with the Chinese platform for a half-hour series celebrating the creativity of a generation obsessed with finding the next big thing. The untitled series is being produced by Vice Studios and will be filmed in China, Japan, India, the UK, Germany, USA, Russia, Nigeria, and Jamaica.
It will shine a light on a decentralised global culture where particular scenes or sets of people are no longer the sole source of all trends – a post-millennial world where movements, attitudes, styles and changes are found in all corners.
The series will be released later this year and was unveiled at the Apos conference in Bali.
Vice has previously produced titles including street dancing doc Just Dance, alternative music series Trap in Southwest and Young Chinese in the country.
- 4/24/2019
- by Peter White
- Deadline Film + TV
Exclusive: Vice Studios’ Executive Creative Director Danny Gabai has been elevated to Head of Vice Studios U.S., Evp. This is a new position, marking the first time Vice Studios has had a head executive. It’s a recognition of the importance new Vice CEO Nancy Dubuc is putting on growing the company’s film and TV production arm.
Gabai’s promotion comes on the eve of the Sundance Film Festival where Vice Studios has three movies, The Report, Judy & Punch and The Mountain.
They are among seven films from the division set to debut in the first three months of 2019, along with the docu Fyre: The Greatest Party That Never Happened, which was just released by Netflix, Lords Of Chaos, Climax as well as The Beach Bum, set to premiere at SXSW. The casts of the features includes Adam Driver, Annette Bening, Matthew McConaughey, Isla FischerJon Hamm, Mia Wasikowska,...
Gabai’s promotion comes on the eve of the Sundance Film Festival where Vice Studios has three movies, The Report, Judy & Punch and The Mountain.
They are among seven films from the division set to debut in the first three months of 2019, along with the docu Fyre: The Greatest Party That Never Happened, which was just released by Netflix, Lords Of Chaos, Climax as well as The Beach Bum, set to premiere at SXSW. The casts of the features includes Adam Driver, Annette Bening, Matthew McConaughey, Isla FischerJon Hamm, Mia Wasikowska,...
- 1/23/2019
- by Nellie Andreeva
- Deadline Film + TV
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