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Vice Media Group

All articles tagged with #vice media group

medianews1 year ago

"Vice Media Ceases Website Publishing, Cuts Hundreds of Jobs"

Subrata De, Vice's executive vice president of news and global head of programming and development, is leaving the company after six years amid the decision to shutter most of Vice's news operations. De reflects on the evolution of Vice's news division and the challenges faced under new ownership, emphasizing the need for investment in news and the impact of the company's bankruptcy. She discusses the lack of clarity on the future of journalism at Vice and highlights the importance of platforms and investor expectations in digital media.

business1 year ago

Vice Media Announces Massive Layoffs and Website Shutdown

Vice Media Group is set to lay off "several hundred" employees and discontinue publishing content on its website, Vice.com, as part of a major restructuring aimed at addressing financial challenges. The company plans to focus more on social channels and partner with established media companies to distribute its digital content. Additionally, Vice is in advanced discussions to sell Refinery29, the women-focused media company it acquired in 2019. The changes come after Vice filed for Chapter 11 bankruptcy protection last year and closed a $350 million sale to a group of its former lenders.

media2 years ago

Vice Media Cancels Flagship News Program Amid Layoffs and Restructuring

Vice Media Group is streamlining its news division, including layoffs and the cancelation of its signature newscast, Vice News Tonight. The changes are in response to the current market conditions and business realities facing VMG and the broader news and media industry. Vice News will be streamlined to focus on the growing digital video business and news documentary and series production business for VTV and distribution partners worldwide. Dozens of staffers are affected by the cutbacks, and Vice News Tonight will have its last broadcast in May.