Liberal Vice Media to Sell Itself as It Files for Bankruptcy

Vice Media said it has received a rescue offer and filed for bankruptcy protection, a striking turn for a digital-news darling once promised to upend mainstream media. The bankruptcy filing marks the latest downfall of media upstarts that years ago commanded sky-high valuations, only to struggle to compete with the likes of Meta Platforms’ Facebook and Alphabet’s Google for ad dollars. Last month, BuzzFeed BZFD 1.28%increase; green up pointing triangle said it was closing BuzzFeed News after it continued to lose money.

RELATED: Woke & Broke: Leftwing Publications Like ‘Vice’ Are Failing Left and —Well, Left

1 reply

  1. This makes me genuinely happy. I remember being a sad young lib, loving Vice and slowly watching it degrade itself to this point. Now these people will have an opportunity to serve a true purpose!


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s