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Vice Media files for bankruptcy

It's been an extremely tumultuous few weeks and months for many in the news media world. Fragmented audiences and the failure to find a sustainable economic model have forced a growing number of firms to downsize or close as Jonny Walfisz reports.

Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks – Metro US

NEW YORK (AP) Vice Media on Monday filed for Chapter 11 bankruptcy protection, the most recent digital media company to falter after a meteoric rise. A consortium of lenders Fortress Investment Group, Soros Fund Management and Monroe Capital is buying Vice for about $225 million, in addition to taking on a significant […]

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