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“#Vice Media faces uncertain future after SPAC talks fall through” The once bright star of Vice Media could now face a darkening future after talks to go public through a special acquisition company fell through. The Brooklyn-based media company that was founded by the bombastic exec Shane Smith, has ended talks to go public via…
“#Vice begins a new round of layoffs as company shifts to video” Vice Media quietly enacted a new round of layoffs Thursday, as the Brooklyn-based gonzo news company continued to shift its focus toward video content. A memo from Vice’s chief digital officer Cory Haik that was peppered with corporate-speak heralded the “growth period” of…
“#Vice Media’s value reportedly halved to less than $3B in SPAC deal” Vice’s sky-high market valuation of nearly $6 billion reportedly has been cut in half as the millennial-focused new media company prepares to go public later this year. Founded by gonzo journalist Shane Smith, the Brooklyn-based firm is eyeing an initial public offering through…
“#Vice Media seeks IPO amid SPAC craze” Digital media giants hit by the advertising freeze at the start of the pandemic continue to jump at the chance to go public amid a blank-check company craze. The latest is Vice Media, which reportedly is in “advanced talks” to combine with Jack Leeney’s San Francisco based special…