Vice to Remain in ‘Deal Mode,’ Hires James Schwab to Help Lead

/ Dec 15, 2014

Vice News Canada

Vice Media has named James Schwab co-president, to work alongside current president Andrew Creighton.

Assuming the role in January, Schwab will oversee finance, corporate development, and strategic partnerships, particularly as Vice continues to expand its digital and global footprint. The company has previously said it wants to develop “thousands of hours of multi-screen” for digital, mobile, and linear screens.

“Vice will be in continual deal mode for the foreseeable future. Whether it’s expanding our platforms in mobile, digital, and linear formats or partnering with media companies and brands around the world, Vice will continue to experience exponential growth,” said company founder and CEO Shane Smith in a statement.

“Since our independence and ability to adapt quickly to the ever-changing media landscape are crucial, we knew we had to build out our senior management team with some heavy-duty superstars,” he added. “James will forget more about making deals in the media business than we will ever know.”

Schwab, who is also the current chair of the Media and Entertainment Group at Paul, Weiss, Rifkind, Wharton & Garrison LLP, has advised Vice since 2006. In that time, he has been an instrumental part of the company’s negotiations across a number of major content and business deals. These include investments from A+E Networks and Technology Crossover Ventures, as well as content deals with the likes of YouTube, 20th Century Fox, Rogers Media, and Live Nation.

Away from Vice, Schwab’s background includes advising on the deals that formed the likes of: DreamWorks; “South Park” creators Trey Parker and Matt Stone’s Important Studios; Robert Rodriguez’s El Rey Network; The Weinstein Company; and the Oprah Winfrey Network.

His hiring comes a few weeks after the appointment of Alyssa Mastromonaco as Vice’s new COO. Mastromonaco also begins her Vice stint in January.

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