Woke Vice Media Set To File For Bankruptcy, Following Woke Buzzfeed Into Oblivion
View Source | May 2, 2023 12:46 pm
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- Vice Media is preparing to file for bankruptcy – after attempts to find a buyer for a company once valued at $5.7 billion appeared to be going nowhere.
- More than five companies have expressed interest in acquiring Vice, The New York Times reported on Monday, but the chances of a sale are seen as increasingly remote.
- The decline of Vice comes a little over a week after BuzzFeed News announced its closure, and three months after Vox laid off 130 people, representing 7 percent of staff.
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