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Published 1 month ago

How ‘Vice’ Went from a $6 Billion Media Empire to Bankruptcy

Summary by The Free Press
(via Vice)The beginning of the end came in 2017. After a New York Times report exposed the supposedly sexually charged “boys’ club” atmosphere at Vice—a magazine started by three boys in 1994—a clutch of employees publicly condemned their employer for its past and demanded that the company that paid their salaries start acting like an entirely different company. Vice co-founder and CEO Shane Smith, once a frequent presence in the New York office…

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How ‘Vice’ Went from a $6 Billion Media Empire to Bankruptcy

1 month ago·Arlington, United States
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The Free PressThe Free Press

How ‘Vice’ Went from a $6 Billion Media Empire to Bankruptcy

(via Vice)The beginning of the end came in 2017. After a New York Times report exposed the supposedly sexually charged “boys’ club” atmosphere at Vice—a magazine started by three boys in 1994—a clutch of employees publicly condemned their employer for its past and demanded that the company that paid their salaries start acting like an entirely different company. Vice co-founder and CEO Shane Smith, once a frequent presence in the New York office…

1 month ago
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