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The Downfall of Vice
Vice Media was a digital-media pioneer, built on provocative journalism and the promise of reaching younger audiences, a boon for advertisers. In its heyday, the company was valued at $5.7 billion. But last week, Vice Media said it would stop publishing content on its website and plans to cut hundreds of jobs. WSJ’s Keach Hagey and Alexandra Bruell on the rise and fall of Vice. Further Reading: - Vice Media to Stop Publishing on Vice.com, Plans to Cut Hundreds of Jobs - Vice Media to Be Acquired Out of Bankruptcy by Fortress, Soros Fund - Essence in Talks to Buy Refinery29 From Embattled Publisher Vice Media Learn more about your ad choices. Visit megaphone.fm/adchoices
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