Vice Media reportedly headed for bankruptcy
by Mark Sweney from World news | The Guardian on (#6BBPD)
Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed News
Vice, the global news publisher and TV company that was once valued at nearly $6bn (5bn), is reportedly close to filing for bankruptcy.
The company, whose assets include Vice News, Motherboard, Refinery29 and Vice TV, has been involved in sale talks with at least five companies in an attempt to avoid filing for bankruptcy, according to the New York Times.
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