Vice Preparing To File For Bankruptcy – Deadline
Vice Media Group, the swashbuckling youth-skewing digital media brand, is preparing to file for bankruptcy.
Source: deadline.com
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Vice Media Group, the swashbuckling youth-skewing digital media brand, is preparing to file for bankruptcy.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Vice could declare bankruptcy in the coming weeks, The New York Times reported on Monday. The company was valued at $5.7 billion in 2017 but has since struggled.
The outlet is has struggled since it secured major investments from media giants including Disney and Fox
The company, which was once valued at $5.7 billion, has been struggling to find a buyer this year.