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Rescue deal for publisher would wipe out existing shareholders, including James MurdochHow Vice and BuzzFeed fell to earthVice Media is nearing a deal to be bought out of bankruptcy by senior lenders in a process that will wipe out existing shareholders including James Murdoch.The Wall Street... Continue reading at 'The Guardian'
[ The Guardian | 2023-05-05 16:21:38 UTC ]
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Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed NewsVice, the global news publisher and TV company that was once valued at nearly $6bn (£5bn), is reportedly close to filing for bankruptcy.The company, whose assets include Vice News, Motherboard, Refinery29... Continue reading at 'The Guardian'
[ The Guardian | 2023-05-02 14:10:53 UTC ]
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#tv company
#media layoffs
#vice tv
#sale talks
#$6bn 5bn
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