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Vice Media Preparing To File For Bankruptcy

Y2kTheNewOldies

Y2kTheNewOldies

deadline.com

Vice Media Preparing To File For Bankruptcy

Vice Media Group, the swashbuckling, youth-skewing digital media brand, is preparing to file for bankruptcy. The company, which was valued at $5.7 billion in 2017, is considering the move after str…
deadline.com deadline.com

Note this is due to the parent company looking for a new buyer.


Vice Media Group, the swashbuckling, youth-skewing digital media brand, is preparing to file for bankruptcy.

The company, which was valued at $5.7 billion in 2017, is considering the move after struggling to find a buyer, according to reports.

It comes after a tumultuous start to the year for the company, which saw Nancy Dubuc exit after five years, replaced by Bruce Dixon and Hozefa Lokhandwala, as well as the departure of Global President of News & Entertainment Jesse Angelo to launch his own production company.
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