Vice Media
Vice Media Bankruptcy: CNN, HBO, A&E Networks Among Creditors List
As Vice Media, the brash company that once had ambitions of replacing legacy news giants, files for bankruptcy protection, with $834 million in debt obligations, its finances are coming into focus. While its largest creditors include Fortress Investment Group (with a $474.6 million claim), there’s several media companies that are listed as top unsecured creditors […]
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Vice Media Files for Bankruptcy
After weeks of speculation, Vice Media filed for Chapter 11 bankruptcy protection Monday to smooth a sale of the company. In a statement, Vice listed both assets and liabilities in the range of more than $500 million to as much as $1 billion in a Chapter 11 petition filed in a New York court. Bloomberg […]
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Vice Pacts With Tubi for 8 Original Documentaries
Fox’s Tubi has signed an exclusive content deal with Vice Media Group for eight new Tubi Original documentaries. The first, The Cult of Elon, about Tesla founder and controversial Twitter owner Elon Musk, will debut on the free, ad-supported streaming platform on April 24. The second documentary, Vigilante Inc., a look at the rise of […]
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Jesse Angelo Departs Vice Media to Launch New Venture
Jesse Angelo, global president of news & entertainment at Vice Media Group, announced Wednesday that he will be leaving the company, in the second big exit in recent weeks. Angelo, who has served in this position since 2019, is departing to form his own company, Checker Media, which will develop and fund original intellectual property […]
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Nancy Dubuc Departing as Vice Media CEO
Veteran media and TV executive Nancy Dubuc will step down as CEO of Vice Media, The Hollywood Reporter has confirmed. Dubuc informed Vice employees of her decision in a memo Friday morning. Dubuc has led Vice since 2018, when she succeeded Vice co-founder Shane Smith in an effort to professionalize and grow the media company. […]
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Vice Expands in Saudi Arabia Via Deal With Media Giant MBC
The Vice Media Group is expanding its business in Saudi Arabia and has signed a deal to produce content for MBC Group, the Saudi-owned Middle East giant with the largest media operation in the region. Unveiled on Wednesday, the deal — which was first rumored last year (The New York Times said it was potentially worth […]
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Hollywood’s Deal Dilemma for 2023: Go Big or Wait Out the Downturn?
This December, the general mood on Wall Street is that next year will not see an explosion of major transactions along the lines of the ones that created Warner Bros. Discovery (WBD), Paramount Global or Disney’s takeover of large parts of 21st Century Fox assets. After all, companies like the David Zaslav-led WBD are still […]
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FTX’s Sam Bankman-Fried Getting Doc Treatment From Vice Media, The Information (Exclusive)
The blowup of crypto exchange FTX and the fall from grace of its founder Sam Bankman-Fried (also known as SBF) is going to be the subject of a new documentary feature in the works from Vice Media and the tech business publication The Information. The doc, SBF and the End of Silicon Valley, will be […]
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Oscars: Canada Picks ‘Eternal Spring’ for International Feature Category
Canada has picked the animated documentary Eternal Spring to represent the country in the 2023 Oscar race for best international feature. Jason Loftus directed the film, which looks at an event in March 2002, when members of the outlawed spiritual group Falun Gong hijacked a state TV station in China in an attempt to counter […]
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Vice Media Postproduction Workers Ratify New IATSE Contract
Postproduction workers at Vice Media have ratified a new three-year IATSE contract that reduces their working hours per week without diminishing their net weekly compensation. After months of negotiations, in a meeting on Saturday 97 percent of eligible Vice Media workers voted to ratify the agreement, which will decrease previously standard 50-hour work weeks to […]
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Vice Raises $135M in Funding From James Murdoch Firm, Existing Investors
Vice Media’s dreams of going public appear to be on hold for the time being, with the company choosing instead to raise $135 million from some of its existing investors, including James Murdoch’s Lupa Systems, TPG and TCV, as well as Sixth Street and Antenna Group. The cash infusion will be used “to fund its […]
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‘Vice Versa: Crusaders’ Director Talks Confronting Jehovah’s Witnesses With Child Sexual Abuse, Cover-Up Claims: “It’s About Corruption”
Aaron Kaufman, as Robert Rodriguez’s longtime producing partner, is used to dealing with Hollywood stars, major studios and pleasing global audiences with genre movies like Sin City: A Dame to Kill For, Machete and Machete Kills. He even directed his own B-movie thriller, Urge, starring Pierce Brosnan and released by Lionsgate, and Kaufman and Rodriguez […]
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