Vice’s Shane Smith: ‘Expect a Bloodbath’ in Media Within the Next Year

Shane Smith’s prognosis for digital media is grim.

The Vice Media CEO held court last night with Hearst Magazine’s digital media president Troy Young yesterday as part of Hearst’s Master Class interview series. The chummy, hour-long conversation first focused on the duo’s Canadian roots before shifting to the state of the industry. (It’s worth noting that Hearst has a 10 percent stake in Vice through A&E Networks.)

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