Another one bites the dust. And in the estimation of some media experts, “there will be more blood-letting” across media in the coming months.
The millennial bastions of culture that helped catalyze the digital media revolution in the early aughts and the 2010s are heaving their last breaths.
Vice Media announced Thursday, less than a year after filing for bankruptcy, that it is shuttering its news operations and its flagship site, Vice.com. The organization, which was once valued at nearly double The New York Times, plans to lay off hundreds of staffers and transform its business into a ‘studio model’ Read full story ›
Source: The Drum
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