The youth-focused media brand, once valued at more than $5 billion, says it will continue to operate during a “court-supervised sale process.” Vice Media has filed for Chapter 11 bankruptcy in the United States. The bankruptcy was reported by multiple media outlets, including Vice’s Motherboard website. The bankruptcy of Vice is something that would have been thought impossible a few years ago when the youth-focused media brand was valued at $5.7 billion.
Comment on Vice Media files for Chapter 11 bankruptcy: Here’s what to know
Michael Grothaus, Fast Company
Mon, 05/15/2023 - 1:35am
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