UK operation will deliver first meaningful profits at approximately £18m as investment in news and driving TV strategy pays offVice’s European operations will double revenues to £100m this year,as an aggressive investment strategy including growing Vice News and driving its TV strategy starts to pay off.
Vice UK, the London-based parent for all the company’s European operations, or will also deliver its first meaningful profits of about £18m this year,according to financial filings seen by the Guardian.
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Source: theguardian.com