September 08, 2014
Weil advised Technology Crossover Ventures (TCV) on its $250M investment in Vice Media, an international online publication and news outlet, accounting for a 10% minority stake in the company.
Vice Media, based in Brooklyn, is a leading youth media company specializing in creating, distributing, and monetizing original content globally. In recent years, its content has shifted from dealing mostly with arts and pop culture to covering more serious news topics via video reporting online. Vice also produces an Emmy award-winning show for HBO.
The Weil team representing TCV on the transaction was led by Private Equity partner Kevin J. Sullivan. In addition, the team included Technology & IP Transactions partner Michael Epstein; Tax partner Mark Schwed; IP Litigation partner Randi Singer; Regulatory partner Chip Roh; Labor and Employment partner Nick Pappas; Labor and Employment counsel Lawrence Baer; Insurance counsel Paul Ferrillo; Corporate associates Patrick Joy and Andrew Burke; Technology & IP Transactions associates Caroline Geiger, Adrienne Baker and Rachel Vigneaux; IP Litigation associate Elisabeth Sperle; Labor and Employment associate Aryeh Zuber; and Regulatory associate Tim Welch.