Business

Vice has James Murdoch on the board and wants to embed with the Occupy movement

Shane-Smith

The New York Times Magazine has an interview with Vice founder Shane Smith, where he tells about Vice News, the objectiveness of journalism, the ‘controversial’ trip to North Korea and why Vice is now partly owned by Rupert Murdoch’s – even more controversial – News Corp. and has his son on the board.

In the interview, he says:

“We’re not going to cover monetary policy. For us, we embed with Occupy Wall Street, the communists, the young people.”

And about uprisings:

I’m actually worried, because I believe that it’s going to get worse. Look, economic disparity is bad. But we’ve already tried having governments redistribute wealth. We tried it in Russia and China to disastrous effect.

And why he sold to News Corp.:

I’ve said that I want to be the next MTV, the next CNN, the next ESPN. Cue everyone rolling their eyes. MTV went to Viacom, ESPN went to Disney and Hearst, CNN went to Time Warner. Why? Because to build a global media brand, it’s almost impossible to do it alone. James has been involved in one of the largest media companies in the world since he was in short pants.

The interview ends with this vision of the future:

It’s our time now. Then, I don’t know, it’ll be holograms next, and some kid will come up and eat our lunch.

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