{"id":574555,"date":"2023-05-15T09:35:23","date_gmt":"2023-05-15T06:35:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/vice-media-files-for-bankruptcy-report\/"},"modified":"2023-05-15T09:35:23","modified_gmt":"2023-05-15T06:35:23","slug":"vice-media-files-for-bankruptcy-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/vice-media-files-for-bankruptcy-report\/","title":{"rendered":"#Vice Media Files for Bankruptcy (Report)"},"content":{"rendered":"<div>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    After weeks of speculation, Vice <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> filed for Chapter 11 bankruptcy protection Monday to smooth a sale of the company. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-15\/vice-files-for-chapter-11-in-shift-of-fortune-for-media-upstart\"><em>Bloomberg<\/em> reported <\/a>that Vice listed both assets and liabilities in the range of more than $500 million to as much as $1 billion in a Chapter 11 petition filed in a New York court. <em>Bloomberg<\/em> reports that Fortress Credit Corp. ranked among the biggest secured creditors, with claims totaling about $475 million.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    In the face of a weak advertising market, a turbulent economy and fierce competition from bigger tech and legacy media, Vice, like fellow digital media darlings BuzzFeed and Vox Media, has struggled to manage costs and grow revenues. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Filing for bankruptcy is a new low for a company that was once one of the hottest media brands around, and boasted investment from the likes of Fox Corp. and Disney. At one point Vice was reportedly valued at $5.7 billion and was set on a path for a stock market listing.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    But the Brooklyn-based company has suffered greatly from a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of internal problems and outside factors that it had little control over. In particular, 2023 has proved to be something of annus horribilis for Vice, with Nancy Dubuc stepping down as CEO in February. The veteran media and TV executive had led Vice since 2018, when she succeeded co-founder Shane Smith in an effort to professionalize and grow the media company. Jesse Angelo, Vice\u2019s global president of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> and entertainment, left in March.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    In April, Vice shuttered its flagship TV news show and laid off more than 100 staff. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    <em>More to come\u2026<\/em><\/p>\n<\/p><\/div>\n<p><script type=\"text\/plain\" class=\"optanon-category-C0004\">\n!function(f, b, e, v, n, t, s) {\nif (f.fbq) return;\nn = f.fbq = function() {n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments);};\nif (!f._fbq) f._fbq = n;\nn.push = n;\nn.loaded = !0;\nn.version = '2.0';\nn.queue = [];\nt = b.createElement(e);\nt.async = !0;\nt.src = v;\ns = b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t, s);\n}(window, document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '352999048212581');\nfbq('track', 'PageView');\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.hollywoodreporter.com\/business\/business-news\/vice-files-for-bankruptcy-1235488003\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After weeks of speculation, Vice Media filed for Chapter 11 bankruptcy protection Monday to smooth a sale of the company. Bloomberg reported that Vice listed both assets and liabilities in the range of more than $500 million to as much as $1 billion in a Chapter 11 petition filed in a New York court. Bloomberg&#8230;<\/p>\n","protected":false},"author":1,"featured_media":574556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2023\/05\/GettyImages-1092498526-1.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[105470,100472],"class_list":["post-574555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-shane-smith","tag-vice-media"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/574555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=574555"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/574555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/574556"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=574555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=574555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=574555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}