20th December 2015

Vice UK Could Make 100M Turnover

Media Group Vice UK has stated that it is on track for a turnover of £100M in 2015.

Vice UK has also stated that it is on track to earn an operating profit of £18M in 2015.

The media group has experienced rapid growth in 2014 / 2015, including the launch of the Vice News website, a move into TV production, and an expansion across Europe.

Vice has listed it's main business areas as website publishing, creative services agency Virtue, a TV production arm, an the Vice Digital Network of third party publishers.

The media group also has a bar and music venue, and publishes a free magazine.

Vice's target audience is 18 - 35 year olds.

In 2014, Vice UK's turnover was £49.7M. This was a 30% increase year on year.

The operating profit for 2014 was £1.4M, which was down on the £4.4M operating profit of 2013.

Vice UK has 488 staff; 356 work in content, 62 work in sales, and 70 work in administration.

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