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Founded in 1994 in Montreal, Quebec, Canada, the magazine is the first element of the media company now known as Vice Media.
Vice News is the name of Vice Media's current affairs brand, consisting of Vice News.com, a nightly news program called Vice News Tonight, and an Emmy-winning weekly news program, Vice, both airing on HBO.
The magazine then expanded further into five continents.
Their founders and editors have regularly garnered controversy from the likes of the New York Times’ David Carr, who bristled in an exchange with Shane Smith in the 2011 documentary Page One: Inside the New York Times.On December 23, 2017, The New York Times reported that there have been four settlements involving allegations of sexual harassment or defamation against Vice Media employees.In addition, over twenty other women stated that they had experienced or witnessed sexual misconduct, including unwanted kisses, groping, lewd remarks and propositions for sex, at the company.In August 2014, A&E Networks, a television group jointly owned by The Walt Disney Company and Hearst Corporation, made a $US250-million investment in Vice Media for an ownership stake of 10% In June 2017, Vice secured a 0-million investment from private-equity firm TPG Capital to increase spending on scripted programming and ongoing international expansion.As a result of the deal, Vice Media is now valued at .7 billion.