Support NeoGAF

[SJRB]

From $8.5 billion to almost bankrupt: Digital media titan on brink of collapse, reports

AU$8.5 billion - that’s what Vice was valued at its peak in 2017 after turning down Disney’s offer and receiving a $450 million investment.

www.forbes.com.au

$100 million: This is how much Vice Media missed its revenue target by in 2022, according to a report from The Wrap.

Vice Is Said to Be Headed for Bankruptcy

The company, which was once valued at $5.7 billion, has been struggling to find a buyer this year.

www.nytimes.com

 

[kikkis]

Love to see it.

 

[feynoob]

I have three fiddy. Don't know if that is enough for them.

 

[Gamerfan81]

They used to be really good, especially their investigative reports. Around 2017, I noticed the dip in quality to their journalistic standards.

 

[YCoCg]

But who will inform us about Venezuelan Trans Cocaine Dealers?

 

[Dirk Benedict]

Interesting. The public have spoken. Investors will react.

 

[FunkMiller]

I have never been to Vice for information about anything that I can recall.

 

[mortal]

 

[HoodWinked]

They had some pretty good stuff for the Ukraine war.

I dunno I think they were trying. The garbage articles probably made them money so they could fund the actual on location reporting.

 

[nush]

I remember the Donkey fuckers, that was the stuff of legend, also the incels vid. Since then they went way into identity politics and never had a reason to go there again.

 

[IDKFA]

Shame about the job losses. Won't be a shame to lose Vice media. Absolutely toxic company and the world is a better place without articles like this.

All Masculinity Is Toxic, According to John Stoltenberg

Feminist writer and activist John Stoltenberg believes we need to give up manhood for good if we want to live morally sound and love-filled lives.

www.vice.com

 

[Go_Ly_Dow]

Also from April

Buzzfeed News to close as media firm cuts jobs

Buzzfeed is reducing its workforce by 15% and shutting its news site.

www.bbc.co.uk

 

[H4ze]

Good, fuck Vice.

 

[ahtlas7]

 

[Rien]

Weren’t they the ones that had this evidence on Andrew Tate? Guy must having a good time

 

[AJUMP23]

I think the Pizza show is on Youtube now.

 

[SJRB]

Like a famous scholar once said: "Everything woke turns to shit"

 

[Fake]

Another one.

 

[Fermbiz]

No more Dark Side of the Ring...??

 

[OmegaSupreme]

 

[winjer]

 

[Drew1440]

So we lose BuzzFeed and potentially Vice? 2023 is shaping up to be a good year for journalism.

 

[GHG]

 

[winjer]

Maybe they should learn to code.

 

[Mephisto40]

Haven't watched a vice video for about 4 years

 

[AJUMP23]

Maybe they should learn to code.

That is what they said to Patrick Klepek.

 

[Torrent of Pork]

Press 'S' to spit on grave.

 

[Elder Legend]

This is amazing. Fuck the mentally ill liberal media. Please shut shut down and go down in flames you woke fuckheads.

 

[GymWolf]

 

[CrankyJay™]

Sold out their brand and expanded too fast. Let it die.

 

[AJUMP23]

 

[Gamerfan81]

They used to have serious reporting like this when they were at their best. Shame what's happened to them when they started to report nonsensical things.

 

[LordCBH]

Good. Fuck em.

 

[BadBurger]

Vice never stopped with the quality investigative journalism. They did branch out into other playful cultural-focused stuff which never seemed to fit well alongside their serious journalistic endeavors, and was a pointless (IMO) drain on resources.

Can't believe they turned down Disney. That would have secured their future for some time. Hopefully they can secure a buyer and go back to focusing on the stuff that once had them valued at over $5bn.

If Vice shutters their doors there's still ProPublica, PBS, and all of their usual partners for investigative journalism. But I'll miss the younger, shrewder, more irreverent angle Vice brought to the field.

 

[KormaChameleon]

Some of their documentaries was really good back in the day.

 

[DeepEnigma]

Some of their documentaries was really good back in the day.

And wild how they romanticize what's in that doc now.

 

[Trogdor1123]

I blame the wind chimes

 

[MayauMiao]

Nothing of value was lost.

 

[Goalus]

Good news.

 

[CGNoire]

I do like One Star Reviews.

..other than that Fuckem.

 

[March Climber]

Vice never stopped with the quality investigative journalism. They did branch out into other playful cultural-focused stuff which never seemed to fit well alongside their serious journalistic endeavors, and was a pointless (IMO) drain on resources.

Unfortunately most people, including some here, don’t consider this. They only saw the stuff they didn’t like and are happy the entire business will be gone as a result.

It’s an odd world today where everyone is judged by their worst moments.

 

[jufonuk]

Will be sad for the people trying to earn a living by just doing their job. Camera crews editors etc.

TV seems to be going through a bad patch all the Covid stuff is catching up. While the rest of the world had all this during the pandemic TV rode it out. But now the captive audience has gone. Ratings have gone down I guess.

 

[Laieon]

I haven't been as interested since Shane Smith apparently took a back seat, but I still enjoyed their stuff occasionally. One Star Reviews is/was great, probably because a new episode was rare enough that the gimmick never wore off.

 

[Go_Ly_Dow]

Vice Media files for bankruptcy as lenders prepare takeover

Investors such as George Soros poised to take charge as company owes up to $1bn

www.telegraph.co.uk

 

[Superkewl]

Nothing of value was lost.

What game is the footage from at the beginning of the video?

 

[DeepEnigma]

Vice Media files for bankruptcy as lenders prepare takeover

Investors such as George Soros poised to take charge as company owes up to $1bn

www.telegraph.co.uk

What everyone assumed prior, is now rubber stamped.