VICE TV to Announce it’s Own Channel With A+E

It’s been a long time coming: Vice Media is finally getting ready to announce its long-planned TV channel, Variety has learned. The online media upstart has teamed up with A+E Networks to turn A+E’s H2 network into a Vice-branded cable network, which is expected to launch February 29.

Vice Media received a first $250 million investment from A+E over a year ago, and has since planned to launch a network with the media company. In April, news broke that A+E was going to contribute H2, an offshoot of the History channel, to the partnership.

The New York Post was first to report about Disney investing in Vice earlier this month. The Wall Street Journal reported that as part of the deal, A+E is going to get a stake in Vice that roughly equals 7 percent. Through its previous investment, A+E already owns 10 percent of Vice. A+E Networks is jointly owned by Disney and the Hearst Corporation.

Got the drop on Variety . . .

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