By John Glenday
Vice Media has confirmed the departure of Richard Beckman, its head of ad sales, just ten months into the job, after the business posted a surprise decline in web traffic.
Figures published by Comscore showed that the arts, culture and news publisher suffered a precipitous 17.4 per cent drop in readers in February compared with the previous month, undermining its ability to monetise its digital content.
This saw it post 49.1m unique visitors compared to 59.5m recorded in January, reversing a period of growth after big investors such as Disney came on board as the company expanded its TV reach.
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Source: The Drum