Vice Media in plans to file for bankruptcy
The following excerpt was sent out from the Financial Post: Vice Media is preparing to file for bankruptcy, capping the rapid fall of a former industry darling that attracted investment from the world’s largest entertainment companies. The online media company has been looking for a buyer but is now preparing for a possible bankruptcy filing in […]
Vice Media finalizes deal with Saudi-backed MBC Group
Vice Media has finalized a deal with Saudi Arabia-backed MBC Group to bring Arabic-language content to the Middle East. The deal could be worth $50 million. According to the Hollywood Reporter, Vice will create youth-focused content in food, fashion, music and video games exclusively for MBC from Vice’s Riyadh, Saudi Arabia office, which opened in […]
Vice Media to open Riyadh HQ
Vice is planning on opening a new regional headquarters in Riyadh. An excerpt from Al Arabiya English news reads: [The headquarters] will be located in the JAX cultural district and will officially open next month, the company said in a statement. The company already has a presence in Riyadh, after announcing the opening of a […]
De Souza to join WNYC as director of digital news and audience
Veronica de Souza is joining WNYC in New York as director of digital news and audience. She was most recently senior director, publishing, for Vice and Refinery29. She has previously served as director of audience development at The Daily Beast and was head of audience and social at G/O Media. She was also a senior […]
Motherboard reporters win Sidney award for Amazon union coverage
Lauren Kaori Gurley and Edward Ongweso Jr. of Vice’s Motherboard win the March Sidney Award for their coverage of the historic Amazon union election in Bessemer, Alabama. Workers at the massive Birmingham-area Amazon facility reached out to the Retail, Wholesale and Department Store Union (RWDSU). Thus began the second, and by far the largest union election […]
Vice Media appoints Bellan-White as first global CMO
Nadja Bellan-White has been named the first global CMO at Vice Media. Bellan-White has more than 25 years of experience in integrated marketing and communications to transform brands. She has led brand transformations for clients including American Express, LG Electronics, IKEA North America, RBS Citizens and Coca-Cola to name a few. Previously, Bellan-White was at […]
Vice Media Group slashes jobs globally
Vice Media Group, parent company of Refinery 29 has cut 55 jobs from its U.S. publishers and 100 jobs from global operations. In a letter sent to staff, CEO Nancy Dubac said: “While a core group of senior leaders have been working tirelessly to think through and reimagine how to weather these anything-but-normal times. While […]
Vice’s tobacco/vape and labor reporter Norcia is laid off
Alex Norcia, who covered the tobacco and vaping industry as well as labor for Vice Media, was among those laid off at the news organization on Friday. He has been covering those beats since July 2018 and previously was a copy editor for more than two years at Vice. “It was a thrill editing the […]
Vice Media and Refinery29 restructure following deal
Vice Media has appointed a president and promoted one of its existing executives to become chief operating officer. The move comes following its deal with Refinery29. Additionally, Refinery29 co-founders and co-CEOs Philippe von Borries and Justin Stefano are stepping down to move into advisory roles following the deal which was valued at $400m, according to […]
Former 21st Century Fox CEO buys a stake in Vice Media
James Murdoch, former CEO of 21st Century Fox, has taken a small stake in Vice Media. Mr. Murdoch, who already sits on Vice’s board, made the investment as part of Vice’s recent acquisition of Refinery29. The investment, which was first reported by The Financial Times, is through Mr. Murdoch’s holding company, Lupa Systems which he […]