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 ...
The news comes less than a month after Mike Germano was put on a leave of absence as the company investigated harassment allegations against him and Vice Media president Andrew Creighton.
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 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 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, 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 ...
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 paid their executives a whopping $11 million from May 2022 to May 2023 in the year before the company filed bankruptcy, court documents show. According to a filing, executive VP Subrata De ...
Vice Media Group filed for Chapter 11 bankruptcy Monday morning after agreeing to an asset purchase agreement with a group of its lenders. The group of lenders, including Fortress Investment Group, ...
Vice Media Group’s post-bankruptcy sale for $350 million to a consortium led by Fortress Investment Group has officially closed. The new owners of Vice Media include funds managed by affiliates of ...
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 ...