Vice Media to Lose $50 Million, Cut Staff by 15 Percent
Vice Media is on track to lose $50 million this year and plans to cut its 9,000 person staff by 15 percent, according to the Wall Street Journal.
Vice Media is on track to lose $50 million this year and plans to cut its 9,000 person staff by 15 percent, according to the Wall Street Journal.
A+E Networks CEO Nancy Dubuc is set to become the next CEO of Vice Media, taking over from Vice Media co-Founder Shane Smith, following multiple sexual harassment allegations at the company.
The long-rumored reckoning at the left-wing Vice Media appears to be underway. Three employees were fired Thursday for conduct ranging from “verbal and sexual harassment to other behavior that is inconsistent with our policies,” reads an internal memo first reported by the left-wing CNN.
Vice Media raised $450 million of pre-IPO capital at a $5.7 billion valuation from the same private equity firm that has interests in Airbnb and Spotify and owns the CAA talent agency.
Eagles of Death Metal, the California band onstage at the Bataclan in Paris when terrorists began their attack two weeks ago, have broken their silence about what happened that night.
The first trailer for the new HBO-Vice documentary collaboration Fixing the System, in which President Obama visits a federal prison and meets with several of the inmates, debuted online Friday.
Forget pot, Obama tells young people via VICE. Focus on the planet’s health, instead.
President Obama takes time away from a fundraising trip to speak to VICE Media, where his former deputy chief of staff is Chief Operating Officer.
David Carr, a media columnist for the New York Times who sought to understand conservative media, died suddenly on Thursday night after collapsing in the Times newsroom. Carr was both a critic of, and a friend to, conservative new media, and was one