Posted on 02/23/2024 5:07:43 PM PST by Twotone
Vice Media Chief, Bruce Dixon, has announced plans to lay off several hundred employees and cease content publication on Vice.com, according to an internal memo. The move comes after an unsuccessful attempt by owner Fortress to sell the struggling digital publisher and its associated brands.
The company claims to be undergoing a shift towards a "studio model," with affected employees expected to be informed about the next steps early next week. Refinery29, another media brand under Vice's ownership, will continue to operate independently, focusing on diversified digital publishing. Dixon mentioned ongoing discussions about selling Refinery29.
"Already in 2024, almost every major news publisher has cut jobs or completely closed its doors, including over 500 journalists:
The Washington Post
Vox Media
The Los Angeles Times
Pitchfork
Sports Illustrated
Time
Business Insider
TechCrunch
The Wall Street Journal
The Messenger
Vice Media
"The Fake News is on the ropes" Charlie Kirk observed on X.
The decision comes amid mass layoffs, austerity measures, and bankruptcies across the mainstream media landscape. Vice employees had recently been concerned about the potential closure of the news website. Despite inquiries from Vice News Executive Editor, Josh Visser, there has been no official response from the company. The Hollywood Reporter disclosed that employees found the situation "very upsetting," expressing concern about the possible removal of their website and work. This development comes less than a year after Vice was rescued from bankruptcy by a consortium of buyers from Fortress Investment Group.
The Vice Union, in response to the layoffs, expressed that they can no longer be surprised by the company's choice to address challenges through layoffs. They criticized Vice for letting go of dedicated employees who contributed to its reputation as a respected and award-winning media company.
The challenges facing the mainstream media industry appear to be widespread, impacting both established and digital media outlets.
Vice did some.great stuff in the beginning. But as with nearly all.media it went hardcore Marxist democrat propaganda.
Too bad, so sad. Hey, look squirrel!
Wonder how long NBC, CBS and ABC news divisions will continue operations. Also really wonder the true ratings of their news/propaganda shows and if advertisers are being bilked.
Geat stuff? Gibe us one example.
The advertisers are knowingly providing a media subsidy hidden as advertising.
Oh that’s terrible!!
Hope they will all be alright.
What a shame.
I guess they will need to learn to code…….
When Searching the internet only the Praetorian guard appears
X memes gone wild. “Vice stops publishing and nothing was lost” LOL.
There is a joke spoof of Vice called “Dronez” they made on the satire show “Documentary Now” starring Jack Black, Bill Hader and Fred Armisen. It has some language, but if that doesn’t bother you, you can see it on youtube here:
https://www.youtube.com/watch?v=EmqXcXDmr2s&ab_channel=ParachuteAdams
Maybe they could learn to code?
MSM is propped up by pharmaceutical advertisers. I don’t think they care about ratings it’s probably all part of the quid pro quo - government gives money to drug companies who give money to media that support the government narrative.
Well bye Vice.
Excellent! May this get to be a daily occurrence in Western Mainstream Media!
When do we cut off funding for the Corporation of Public Broadcasting?
Several years back the did a nice expose’ of North Korea.
I wouldn’t even consider Vice mainstream media.
vice is on sling tv. Several years ago people were trying to get it off sling tv as they were gay gay gay and other perverted stuff.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.