[arista]

Go Woke

Go Bankrupt


[Plan comes amid waves of media layoffs
and closures, including shuttering
of BuzzFeed News]

[Vice, the global news publisher
and TV company that was once valued
at nearly $6bn (£5bn),
is reportedly close to filing for bankruptcy.

The company, whose assets include Vice News,
Motherboard, Refinery29 and Vice TV,
has been involved in sale talks with at
least five companies in an attempt to
avoid filing for bankruptcy,
according to the New York Times.

Vice, which hit a valuation of $5.7bn
in 2017 as media giants including
Rupert Murdoch, WPP and Disney
clamoured for a slice of its youth appeal,
has been seeking a sale at a price tag
of about $1.5bn.]

https://www.theguardian.com/media/20...kruptcy-report