Vice Media, once hailed as a digital media powerhouse, is set to lay off hundreds of employees and halt content publication on its website. In a seismic shift that underscores the turbulence in the ...
NEW YORK (AP) — Vice Media on Monday filed for Chapter 11 bankruptcy protection, the most recent digital media company to falter after a meteoric rise. A consortium of lenders — Fortress Investment ...
BROOKLYN, N.Y.—Vice Media Group has filed for Chapter 11 bankruptcy as part of an asset purchase agreement (APA) with a consortium of its lenders that the company believes will allow it to emerge from ...
Vice Media shutters liberal news site, gears up for massive layoffs: 'This is the best path forward'
Vice Media’s progressive news site is the latest one to shutter as media organizations continue to weather a difficult time. Vice Media CEO Bruce Dixon said in his memo to staff last week that several ...
Vice Media may be technically bankrupt as of Monday morning, but it couldn’t have gotten this far, or sent so many lantern-jawed journalists to such far-flung places, without a host of committed ...
Vice became the latest media giant to suffer a major setback after filing for Chapter 11 bankruptcy on Monday. The filing came as the company prepares to sell essentially all of its assets to a Lender ...
Vice, which filed for bankruptcy last year before being sold for $350 million to a consortium led by the Fortress Investment Group, is also looking to sell its Refinery 29 publishing business, CEO ...
Digital media upstart, darling, and enfant terrible Vice Media filed for Chapter 11 bankruptcy protection on May 15th. At its height, the company was valued at $5.7 billion. The stalking horse bid in ...
Vice Media, the Brooklyn-based company that was once the darling of the digital media world, is preparing to file for bankruptcy, according to a report. The filing could happen in the coming weeks, ...
Vice Media, once a digital video upstart formerly valued at nearly $6 billion, on Monday filed for bankruptcy protection. Vice launched in Montreal, Canada, in 1994 as a free magazine focused on ...
NEW YORK — Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise. Vice said Monday that it has agreed to sell its assets to a ...
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