Vice Media co-founder and former CEO Shane Smith, since March the executive chairman of the many-pronged, millennial-targeted multimedia conglomerate, seeks the $5.85 million sale of a two-unit combination duplex loft on a cobblestone-paved street in New York City’s Tribeca neighborhood. Smith and his wife, Tamyka, acquired the lower, larger unit in 2009 for a bit more than $2.2 million, and about three years later paid another $775,000 for a smaller unit upstairs. A no-doubt costly combination and renovation ensued, and...
Vice Media
Shane
Smith
Founder / Executive Chairman
Faced with complaints of pervasive bro culture at Vice and a reported $100 million revenue shortfall in 2017, Smith stepped down in March from his post as CEO in March and handed the reins over to Nancy Dubuc, who until that point had been former CEO of A&E Networks, boasting in typical outlaw style that they would be a modern-day Bonnie and Clyde as they took everyone’s money. While Dubuc handles the big corporate picture, onetime punk rocker Smith, now named executive chairman, laser-focuses on content development and strategic dealmaking — not a small task given that the millennial-focused company encompasses a network of digital outlets, a TV studio, feature film and books divisions, an in-house creative services agency and the cable channel Viceland.