Posted on 05/05/2023 11:21:09 PM PDT by knighthawk
Vice Media could be saved from bankruptcy by a consortium of investors that includes George Soros's fund and Fortress - already a significant shareholder.
The deal would value Vice at $400 million, The Wall Street Journal reported on Friday - a far cry from the $5.7 billion valuation of 2017.
On Monday it was reported that the company was preparing to file for bankruptcy, but more than five companies had expressed interest in acquiring it, The New York Times said.
(Excerpt) Read more at dailymail.co.uk ...
The Jimmy Dore Show
It’s All Over For Vice Media!
“Vice Media was once the hip, fresh upstart across the visual media landscape, taking viewers on exciting journeys, uncovering incredible stories and generally showing the old guard establishment outlets how the new kids on the block do it. But those days are long over as Vice years ago gave up its hipster cred in favor of taking big money investors and pushing establishment, imperialist dross.”
Another example of “Go Woke, Go Broke”
To value Vice at $400-million....is a farce. You’d have to cut half the manpower, and find some ‘gimmick’ to re-brand the news site. Wouldn’t shock me if Harry/Meghan were hired to bring in some new ‘look’.
When old Gyorgy boy finally passes away, it will be a happy day.
So the “Vice” brand is worth 400 million dollars? Wouldn’t it be cheaper to just start a new company and save 100’s of million dollars? What of value in a bankrupt media company is that valuable? 🧐
“When old Gyorgy boy finally passes away, it will be a happy day”
Unfortunately the Sons are as bad or worst and are following in Daddy’s footsteps just like the Murdoch’s
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