Exclusive: Vice Media is in a state of flux as its new owners decide on a long-term strategy for the beleaguered youth media brand.
Questions were raised today after it emerged that staffers who work for Vice News website were worried that the flagship website was set to be shut down as new owners Fortress Investment Group, Soros Fund Management and Monroe Capital plot out their plans after acquiring the brand out of bankruptcy last year.
On top of this, the company’s top communications exec Jonanthan Bing, who previously served as director of communications for Netflix, was leaving to set up a new company. He joined in 2022.
Bing, who will continue to work with Vice Media on a consultancy basis, has teamed up with Beverly Tan, a producer and casting agent who has worked on series such as Money Court and Buddy Games, to launch Bite Media.
Beverly Tan
Bing,...
Questions were raised today after it emerged that staffers who work for Vice News website were worried that the flagship website was set to be shut down as new owners Fortress Investment Group, Soros Fund Management and Monroe Capital plot out their plans after acquiring the brand out of bankruptcy last year.
On top of this, the company’s top communications exec Jonanthan Bing, who previously served as director of communications for Netflix, was leaving to set up a new company. He joined in 2022.
Bing, who will continue to work with Vice Media on a consultancy basis, has teamed up with Beverly Tan, a producer and casting agent who has worked on series such as Money Court and Buddy Games, to launch Bite Media.
Beverly Tan
Bing,...
- 2/22/2024
- by Peter White
- Deadline Film + TV
Hours after multiple staffers expressed concern that Vice Media was considering shuttering or gutting its flagship news website following the brand’s sale to a consortium of its former bankruptcy lenders, the CEO of the company weighed in with a memo (below) detailing sweeping change.
Vice Media chief Bruce Dixon confirmed that “several hundred” staffers would be laid off and “we will no longer publish content on vice.com” as the company transitions to a “studio model” to sell its content to other outlets.
Earlier in the day, editors from different parts of Vice met with their staffs and informed them that they have asked management for clarity on the situation but haven’t received a reply. Vice News’ top editor Josh Visser addressed staffers on a midday Zoom and said he had given senior executives of the company, including CEO Dixon, an opportunity to deny rumors the site was shuttering,...
Vice Media chief Bruce Dixon confirmed that “several hundred” staffers would be laid off and “we will no longer publish content on vice.com” as the company transitions to a “studio model” to sell its content to other outlets.
Earlier in the day, editors from different parts of Vice met with their staffs and informed them that they have asked management for clarity on the situation but haven’t received a reply. Vice News’ top editor Josh Visser addressed staffers on a midday Zoom and said he had given senior executives of the company, including CEO Dixon, an opportunity to deny rumors the site was shuttering,...
- 2/22/2024
- by Lachlan Cartwright
- The Hollywood Reporter - Movie News
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