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Vice Media Preparing To File For Bankruptcy

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Posted By: Dreadnought, 5/1/2023 8:25:40 PM

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. Last week, the company underwent the latest in a series of layoffs, streamlining its news division and canceling its signature show in Vice News Tonight.

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Reply 1 - Posted by: DVC 5/1/2023 8:51:26 PM (No. 1460733)
Oh, well. Never heard of them. Sounds bad...if they really were about vices.
8 people like this.

Reply 2 - Posted by: thefield 5/1/2023 9:54:53 PM (No. 1460782)
I never heard of them. Must be reason they went under.
6 people like this.

Reply 3 - Posted by: NorthernDog 5/1/2023 10:30:49 PM (No. 1460792)
I was flipping through the channels tonight and notice Jeff Dunham's puppet tour was being broadcast on the Vice channel. That's odd because Dunham's humor tends to lean right and that network has mostly leftist-tinged programs. Maybe they finally decided that attracting an audience was important.
7 people like this.

Reply 4 - Posted by: SweetPea3 5/2/2023 5:24:23 AM (No. 1460897)
I recall when VICE Channel was added to our line-up. Their programming was geared toward pot heads, with shows called "Weediquette", cooking shows about pot recipes, and programming about racist restrictive life in the USA. Hmmmmm, not likely to draw a big crowd. But, they slowly evolved their programming away from promoting drug use, and I did watch several shows about the Dark Side of Wrestling, Dark Side of the NFL, and and The Dark Side of Comedy which were interesting. Now, checking their line-up, I see reruns od Counting Cars and Larry King.
3 people like this.

Reply 5 - Posted by: hershey 5/2/2023 8:00:21 AM (No. 1460947)
Who? What? Never heard of them....do they stream? Dish? Fire TV??? Anything???
2 people like this.

Reply 6 - Posted by: Cynical Backstory 5/2/2023 9:03:06 AM (No. 1461006)
Never heard of them. Are they someone I need to educate myself about or are they just another company that a bunch of college grads decided to start up then sell for a jillion bucks as soon as possible?
2 people like this.

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