Vice Media files for bankruptcy protection
Vice Media says it has filed for Chapter 11 bankruptcy protection to facilitate its sale. – AFP, May 15, 2023.
VICE Media, once the darling of the digital news media world, said today it had filed for Chapter 11 bankruptcy protection to facilitate its sale. Millennial-focused Vice, known for its edgy news and lifestyle content, had been among the rising stars of a new breed of digital media firms but struggled as advertising revenues shrank.
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