April 27, 2024

AndronETalksNews

AndronETalksNews

Vice Media is likely to file for bankruptcy: report

New York Post

 

Vice Media, the Brooklyn-based company that was once the darling of the digital media world, is preparing to file for bankruptcy, according to a report.

The filing could happen in the coming weeks, the New York Times reported Monday, citing anonymous sources with knowledge of the matter.

Founded by Shane Smith, whose once-high-flying media firm was worth nearly $6 billion, Vice has been looking for a buyer since last year.

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