Vice and Motherboard owner files for bankruptcy - BBC News
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- čas přidán 14. 05. 2023
- The company behind the websites Vice and Motherboard has filed for bankruptcy in the US and is set to be sold to a group of its lenders.
Vice Media Group - which was valued at $5.7bn (£4.5bn) in 2017 - could be taken over for $225m.
The youth-focused digital publisher said it will continue to operate during the bankruptcy process.
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Hats off to the original VICE team who documented some of the most bizarre and unique experiences in the world without a care for money.
Or in recent time being a mouthpiece for anyone who has money
They were indeed great in the beginning. Awesome documentaries. However they turned into absolute trash and I am glad they are gone.
I remember subscribing to them in 2011, because of the content they put out back then. Slowly but surely, however they leaned into pop culture aspects more than real reporting and I fell off personally.
They had great documentaries ~10 years ago. The North Korea series, Cannibal Warlords, various drug documentaries, the list goes on. For me Vice died when Shane Smith transitioned out of the journalist position.
Yes this was the true cause in my eyes. My partner and I used to watch vice all the time but then they started getting into random click batey videos and we dropped off.
VICE started becoming a "White Man BAD" "Republicans EVIL" skipping record for the past 6 yrs. Basically became CNN 2.0 but more Goofy.
even taji?
huh ? subscribe to ?
The problem with Vice was for every 1 fantastic video and piece of reporting, there were 10 articles written by a blue haired student about why not shaving your armpits is the only way to bring down the patriarchy
every week an article on pegging that nobody was asking for...
@@rollthetape88 I mean... it is Vice. I don't go and read Breitbart and then complain that they talk about how guns and Jesus are essential to life. Different strokes and all that jazz...
Also, wouldn't it be *not* shaving your armpits? I don't imagine how doing the typical everyday thing that women do is going to trigger anyone.
@@EbonySaints fair play I did mean to say not shaving your armpits, but the point stands that the majority of the articles on vice were absolute tripe, with a few gems sprinkled in
@@FatRonaldo1 the original fat Ronaldo probably would say the same 😂😂
Vice destroyed itself
By telling the truth. Must be the Jews.
They started covering too much LGBT stuff and I think the Andrew Tate story was the nail in the coffin.
Had they never gone full BuzzFeed mode and all political and remained unbiased as they once were this probably wouldn’t have happened
One of the founders is always political, look at his other creation (he also lost control of,) the proud boys..
@@StonedIn0zwhat does he have to do with the bankruptcy?
Contemporary Vice tried to appeal to the “lifelong barista” target audience and it killed them. Cry harder.
Vice was fire but fell off really hard around like 2015 (imo) it's not surprising this is finally happening
What exactly happened back then, since 'Willy Billy' was already an EP repping HBO before that.
Go woke go broke
Not enough of an improvement over that template #SPAM copy-pasta( granted that not-YELLING is a welcome change), Mr "@@samuelbullard8978".
@@maazkalim It's what he said but more seriously, they were always pretty liberal/progressive but after the Trump election they just became insufferable with tons of actual fake news, overplaying news stories to make them seem more extreme, including using incredibly interpretative translations for their interviews. They're basically a mix of Buzzfeed + Infowars now.
This is so sad. I've been watching Vice for years. There's no other news outlet like them, and perhaps there will never be.
There is.
You just have what's-called "fIrSt World myopia".
Fr
Mannn😮😮😮
There was Vanguard by Current TV.
Congrats!
You've reached close enough, "@@TinLeadHammer".
But alas.. Not as near enough, as well.
I’ve been a media entrepreneur for 20 years, and the problem is not, as Chris Harris says, that “everyone can broadcast to anyone” on social media. And there’s actually quite a lot of money in journalism. The problem is 1) Advertising has moved to Google and Facebook since they offer better targetting and a one-stop for advertisers. 2) Because the internet was brand new in the 90s, no one could really charge for content initially, and a culture of free digital content took roots with media users. It is finally changing, and paywalls are becoming acceptable, but it’s a long process. 3) A widespread system for micropayments is still missing from the internet. Online transactions are still expensive and cumbersome, so a media outlet can’t, say, charge 20p for you to read an article or watch a Vice documentary. The subscription model rules, and it favours a few bigger outlets.
You need to get this idea out of your head that paywalls are ever going to work they're not going to save your career or in any way restore the old monetization models
GO WOKE GO BROKE
@@stevenobinator2229 GO FASCIST, PAY YOUR TAXES. Traitor. Your mother must be so ashamed of you. You bring great embarrassment and shame to your family.
Chris Hayes said something like "there's quite a lot of money in relaying information"?
@@xmurisfurderx Thanks for the insights, but that is very wrong. My company's paywall is funding our operations, just as they are funding many other media outlets. They work best for verticals but can also work for general media of a certain quality. To an extent, the old model has indeed been restored. People are increasingly willing to pay for quality content - not least because of the poor quality of most ad-funded content.
They were a platform for a lot of stories / information I would never normally engage with but was glad to be exposed to
They interviewed me. Eh. They were very sensational.
They were not different than 24 hours on his prime but now for the new generation of young people but it was annoyed how hard they hyped their stories
Well said. I concur
Like what? Hearing about people eating their own vagina fluids? They had some good documentaries like a decade ago, but they quickly fell to pop culture and biased political infotainment. It won't be missed, hence why it's going bankrupt.
Go woke go broke
I was really loving vice & their adventurous style of reporting. They certainly unearthed a lot of ground level truths which legacy media would either have ignored or would haven't reported with that much alacrity. Unfortunately new age media platforms don't have deep pockets which traditional media houses enjoy & use to tide over rough patches. Also the proximity to status quo establishments which legacy media houses have built over the years allows their sustenance while the lack of that proximity, kind of denies a safety blanket for these new age reporting groups.
librandu mil gya bhai log
@@sidg856 abi bhakt tu indian media ki youtube channel per jaker upani librandu vali bakvas hag yi jaga ajad soch valo ki liya hai
Apart from war of drugs video they did their recent content was utter garbage.
@@Micfri300 it is fine, it' better than most news on youtube which is just people reguritating articles and making essays.
@@oo--7714 making essays? Yeah people who have degrees in politics actually using the Internet to give knowledge to others.
Compared to i took drugs and this happened.
I understand most people have limited intelligence but how vice does it is really insulting.
Shock by the news. VICE is one of my favorite news program. Far better than the normal ones. Their documentaries on the underground world are super interesting and helps you understand the complexities of the world.
They’re extremely biased now
@@James-ds5zq They are straight propaganda
they used to be like that and that's what made them succesfull. However, they went full on woke and they deserve this bankruptcy because of it
There isn't enough money in *news* anymore, because you have to compete with "infotainment."
*LOL!* You think Vice had anything to do with "news"?
@@brianbassett4379 you obviously haven't watched their reporting from the field. That was real journalism, but yea, the website and SM side of Vice was pretty shitty though, just as clickbaity as the rest of them.
@@brianbassett4379 LOL!
....regarding which, these companies have often had a confused, hybrid sort of product, and this resulted from an even more indefinite business model. I have been surprised and saddened for decades at how badly traditional media has gotten significant aspects of stories wrong that I had personal involvement in and knowledge of, and then when the alt media companies came along (including the echo-chamber political media serving Russian and other interests vested in division and the decline of Western democracy), the problem got dramatically worse and scaled-up rather than better. Those like VICE would cover some important subjects for reporting that often had little attention paid to them otherwise, but great care with verified, factual detail and multiple perspectives being included is the hard part and would get placed somewhere under production values as priorities. This was especially painful when covering highly technical subjects where it was obvious that no one involved in creating the story knew enough to avoid looking ignorant. It has not been as much good journalism as it could have been.
@@brianbassett4379 I don't think any other news media would have had the balls to question the Azerbaijani dictator to his face about his actions in a conflict zone. Their interview with Aliyev was great. Their on the ground coverage of conflicts from Ukraine to Palestine have been absolutely phenomenal.
Vice when downhill after the ownership switch in 2016. They lost the spark then, there are much better outlets nowadays
{Only-&-only to "the OP" & those who "👍" their parent-comment till the time of successful-posting of this reply:
}What was the “switch”?
Be precise and thorough.
In as many words as you may require.
I absolutely love VICE, they give an international and fresh lens to important issues. Damn the power of the dollar.
GO WOKE GO BROKE
I used to like VIce. I subscribed to their youtube channel when they had less than 50K followers. But somewhere after Obama's re-election i found them to be hiding truth than actually bringing it to light. Their coverage of war in Syria and the Assad must go narrative speaks volumes.
@@___beyondhorizon4664 Vice was a hybrid of DW and Ozy.
They did good international content but the rest of the company was a cesspool. Good riddance
It has nothing to do with the Dollar if their expenses/income was in Euro, Yuan, Pound, bitcoin….it would be the same result
Vice went woke and paid the price.
I just watched a Vice special show. I’m disappointed to see them go. I like their simple gorilla style and honesty, which seems to breathe freely when you’re not owned by the largest corporations in the world.
Gorillas truly are forthright creatures.
Gorilla style?.??
Also vice is owned by disney andother large companies…..
@@FB-rn1qm think he means guerilla
"Gorllia"
Its a bit of a shame.
Maybe... but it is definitely a good thing for people addicted to TV.
Huge
Vice Documentary and news is unparalleled to most news media brands.
Thank you Vice team and Journalists for your amazing work.
That sucks :( There were lots of good shows and docos on Vice over the years.
I hope the people that work there can land on their feet OK.
I really miss their quality reporting from their earlier years, especially Simon’s trip to Crimea when that was happening. In retrospect, that was the first stage of our current conflict… he was very bold to cover that story.
I’m sure the people who brought Vice down to its current level of bland drivel will find roles being equally as valuable elsewhere.
They can all learn to weld
@@RM-jb2bv more efficient to transfer their previous skills into another journalist job
@@RM-jb2bv why would they learn another dying job?
GO WOKE GO BROKE
Looks like this is just a tip of the iceberg, loads of companies are waiting to file for bankruptcy soon. 😢
Get woke, be broke
The Intercept and Vox are on the chopping block next if the former's desperate emails are anything to go by. It will be good riddance for them after canning Glenn and taking down the Snowden archives, not to mention the terrible opsec over the years. Vox I'm less certain about, but given their model resembles that of Buzzfeed and Vice, but tamer and considerably more patronizing, I can't imagine them surviving this culling.
I fell off from vice after they went all buzzfeed but damn in their prime they were bold .
You are confusing your preferences with financial-performance.
When did buzz feed report cartel drug lords in 2022?
Agree. They decided to abandon honest journalism and once great content for cheap limited-time clickbait and partisan PC stories
@@maazkalim people's preferences are what determine a media companies financial performance
That depends, "@@solrhopalocera5704".
The host could at least try to hide that he's having a blast with Vice's bankruptcy. His sarcastic grin has "I told you, b!tch" written all over. Not that I have any horse running in that race, but you know, professionalism and so on.
As soon as they started fundraising in there videos I knew something was up.. this is really sad and I hope they can still continue giving us exceptional content whatever the outcome
GO WOKE GO BROKE
Vice started out as a truth speaking edgy news. Then they changed over to the opposite , and are going broke . Makes sense to me .
True, the reason why I watched it was because they were the only news show that cursed, which showed they were edgy and for adults. I stopped watching them when they censored the swear words. Now I watch other CZcamsrs who swear, as it is more real than other shows.
Exactly! The epitome of “why fix when its not broken”
The fuq, "@@narata1541"???
became too much fake news
Go woke and go broke
Vice was good once upon a time. I remember the Russian Roulette series with Simon Ostrovsky.... They did some other series sending reporters in deep into warzones. After a while they did some interesting stories, a little like Louis Theroux esq.
Few years back they changed and the content became really shit.
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I am devastated, VICE did some amazing reporting and they covered stories no one else was looking at. I hope they somehow survive this and continue. Unfortunately the big established media could never be as flexible, innovative or uncompromising in their reporting. It is just not structurally possible.. too much red tape and politics.
What are you talking about vice became an overtly biased radical progressive propaganda outlet, that’s why they failed
But Vice started being more and more “Woke” and soon stop offering fair independent coverage, and starting a political narrative as a media company. And this turned off a lot of people as traditional media already was pushing the “woke” narrative
Damned shame that Vice and Motherboard have gone bankrupt. As folks will know, their content was a breath of fresh air! Despise their bankruptcy, I hope they’re able to continue in some form.
If they are bankrupt while 2 years ago were worth billions... Then they certainly were not doing very well.
A breathe of fresh air 10 years ago yeah
They peaked in 2014
Of course you woketards would want vice to continue their lies lol
Their radical left bias ran it into the ground hahaha
Vice news is genius. I love their reporting and it would be a giant loss if they're not part of the news media companies in the way they're organized as is now.
I really hope they can continue their work and reporting. It really is great stuff they're making.
Its actually overall all round prettey dumb, but still, they do some good stories.
It was decent until the became "woke."
Man , their documentaries are my favorite. Sad to hear about this
I am very sorry to see them go.
Go woke go broke
Twitter refusing to allow links to the independent news medias.
Cry baby, cry.
...On what, oligarchy preferring for-profit "news"-publishers, Mr "@@vanguard.aggressor"?
LIKE THEN LEFTWING TERRORIST MIDDLE LEG SUCKER TWITTER DOGS BANNED NEW YORK POST ARTICLE ON BRENDON LITTEL SON'S HUNTER BIDEN NEWS
@@maazkalim I love your stalinist's point of view, when starts to send dissident people to the gulags?, por cierto, es usted un racista, un imperialista americano, shame on you!!!!
If you can't monetize a "successful" product, then it wasn't really successful to begin with.
Vice was awesome. They had a completely different way of approaching journalism. The Vice guide to North Korea was my favorite. It was doomed the moment shane smith left. RIP vice.
Field journalism is not where the money is at. You can make more money in media sitting on a couch saying whatever comes to your mind in front of a camera.
Hiya! 👍🏾👍🏾👍🏾
You barely scratched-the-surface, but as they say: Something is better than nothing. 👏🏾👏🏾👏🏾👏🏾
People here so sympathetic to Vice, true that their past video and journalism is top notch but now Vice had fall into talking more about US wokeism
Andrew Tate is so happy for this news
I hope he will return to prison.
@@thestrain. Why?
@@itsme5562 because he is a raper
The nostalgia from I get from some vice documentaries is crazy there will never be anything like vice again
RIP Vice, no one else was sending reporters in the field like that.
Guess we're stuck with shitertainment now!
They were promoting homosexuality.
@@MOCHI-ek6rc So what? Are you homophobic?
Al-Jazeera does on the ground coverage, but obviously you'll have to deal with the fact that Qatar is a black hole that does no wrong and that -Occupied Palestine- Israel is pure evil.
They were promoting far-left ideology. Good they have gone bankrupt.
Good to see a respectful assessment of the challenge facing vice
Not that the British State broadcaster has got much of a choice.
Don't mind me. I'm just here for the tears.
A company with dubious journalistic integrity and ethics, specialising in puff pieces - it is good that they have gone down. Speaking of ethics, perhaps we should be referring to the BBC as "NYT East", given the BBC's reliance on NYT "reporting" and constantly acting as the propaganda mouthpiece of the US Democrats.
They were doing actual reporting, better than most legacy outlets
As this rambling vague, low of facts coverage we just watched demonstrates.
Go woke go broke
Until a few years ago, that is.
@@daniyalbbd5281 how sad it must be that real reporting seems like something of an ideology for you. If you actually knew real news from Twitter news, you would see that Vice did not take roles and it stuck to real reporting, even if that meant hurting left or right ideology. Just so happens, your dumb side is mostly on the wrong and you are too scared to accept it
"Actual reporting". Daniel you are delusional.
At some point Vice did start to spin out so much bullshit content that one was beginning to wonder how was this viable. I guess we now know it's not. Should've had more focus on what they're best at - gonzo reporting from active conflicts and the underworld, instead of reviewing 30 types of noodles from some japanese vending machine.
it hurts a lot to see vice news to be facing such crisis
I watched a lot of Vice when it had cool indi documentaries on. For me, it sold out when it went to TV and all of a sudden the content seemed to go for quantity over quality.
Though I lost my interest to the majority of topics Vice tried to cover, but I will never forget their amazing on ground reporting and ivestigations.
Vice used to have a free magazine. Glossy, high quality, good content and great photography.
when their office in Brooklyn expanded in 2011, it wiped out a bunch of DIY-arts spaces
Vice initially offered a grungy, gritty take on little covered world events but branched into types of journalism and tilts which heavily diluted their image as they tried to tap into more mainstream sensibilities. It will never be the same. Vice wasn't meant to be a balancing act teetering to the left while juggling trendy topics, it was meant to be so far up in the trenches with death, conflict, human suffering that the sounds of the fighting and explosions drowned out the politics.
And herein is a shining-bright example of myopia I referred to! 👍🏾👍🏾👍🏾
Poet.
Kinda sad but not surprised. I'll miss the sense of adventure some of their documentaries had, such as Shane Smith's siberian train journey to uncover North Korean work camps. I'll also miss a lot of Isobel Yeung's work, as she was a very talented journalist. It's bittersweet to see times change.
Yes, Isobel's work is amazing!
I'm sure their horoscope department saw it coming
this is so sad. ive been watching both specially Vice for yearsssss
Vice should unironically cover their own bankruptcy and tell the story of the Shane Smith selling out and Fox bleeding out their soul
LOL 😂
FOX® “bleeding out their soul” is relevant, how?
Also..
Who did Mr Shane "crass-tongued pro" Smith exactly “sold out to”?
ngl, that would be a cool send-off.
I am really sad to learn this, it is a bit of a shock for me. I thought that they might be over extending themselves. Like with the presenter, for me it was Crimea 2014 and the ground breaking journalism of Szymon Ostrovski for example.
excellent series i remember watching in the basement of my college apartment
Young people now don't want news they want memes and to be told what to think.
I love Vice & Vice news. Means I Absolutely Love them. Love the way they works, the content they make, the facts and ground truth the put out to the world and damn their courage. They did an absolutely amazing job. I am a huge fan of Vice. But never saw this coming. I'm deeply saddened.
They became way too woke, so the rest of the world gets fed up of them.
Being too political and too biased is what led to this. One of the reasons CZcams removed the dislike button was so that people and networks like Vice could continue lying to the average listener who doesnt have one clue how to think Autonomously but thinks Vice videos are cool and "Refreshing". Ive been seeing this coming from Vice for the last few months, Vice's social media presence REALLY SUCKS BAD.
I am so shock because I love vice’s documentaries!!!
Vice tried contacting us almost a decade ago trying to do a video on Christian Death. They looked so hip-hop and and poppy in their gimmick and marketting - we promptly ignored them and their continued e-mails.
That's good news. They were getting too biased with their reports.
ashame, but for me they were hit or miss from the beginning and never truly took hold
“Ashame[ _sic_ ]” of what?
Are you sure you weren't referring to yourselves?
@@maazkalim f u talkin bout bruh
I'm glad these sort of channel's go back curpt
Sad to see this happen
shame, their war coverage is always top notch
I agree
This is what happens when you spew propaganda instead of facts
I hope all the material, the content they have covered will not just get deleted from online.
Very sad day. I've been watching Vice for years.💔
vice lost because they just weren';t producing content quick enough to get people going back. They didn't place ads like the tacky mainstream channels. they did paid editorials, so they'll make a article or video around giving a brand exposure.
websites like daily mail gets tonnes of returning visitors and a lot of shares, they can basically gossip about latest influncer gossips and stuff, make a good headline and get people in. Vice was trying to do higher quality stuff and just couldn't compete for people's attention. Add to that, a lot of stuff they were product was not for mass consumption but for fringe audiences.
confirmation bias. I agree.
I got a bit of nostalgia when i saw VICE using their old longform format.
But it just didn't hit the same
You can see the breakage, from reports seeming haphazardly edited, to well crafted narratives with ulterior motives.
Honestly, my two cents... their audience got old. Young impressionable millennials are in their 30s now; got that MBA, double masters, with a minor in history... and they know better than to get their news from VICE.
VICE got outclassed. Be honest, journo degree isnt hard. Which is competing with history majors and econ majors for attention. I dont care what some soyboy thinks about Ukraine. I need facts, not a propaganda piece.
If i was VICE Executive Officer... i'd have taught my staff Spanish.
This would all be tragic, if it wasn't poetic justice. Couldn't have happened to a better company.
Vice is that teacher that dropped your lowest homework and curved your grades. Millennials are realizing that's why they lose to the kid that took college calc in high school. Facts matter, reality has a low tolerance for bulllshit.
TL;DR: if you stopped watching VICE rn, would you miss anything that you couldnt get anywhere else? I meet professors, really cool dudes, too shy to stand in front of a camera, but give him burger and five Heinekens, and he can condense his entire semester long course in 5 hours. All of it peer reviewed.
You're wrong actually, they went woke, and went broke.
The daily mail is just as bad. One day they're saying eggs are good for you and the next they're saying eggs kill you. All these companies are the same. They will lie to you to make their money. Can't trust any of them. Vice deserves it as well after what they did to the tate brothers.
Go woke go broke….
They did some great reporting.
😂😂😂😂😂😂
@@djbbdfggh Not saying it was all gold.
looking forward to watching a vice documentary about it
Well it's down to the decline in both quantity and quality of content
Are you one of those cable-news pundits from FOX® Business or globally-accessible CNBC® network?
They got too woke
It’s the VC treadmill. It’s just simply not compatible with the rate of return they were expecting
The Murdoch deal was the beginning of the end ... I found them back in the day before CZcams, Shane's trip to the DPRK was the stuff of legends
Vice was great back in the day and I loved how personal and passionate their journalism was. You could tell the journalists were passionate because they would go to such lengths and put themselves into danger just to get to the truth. My problem, however, was that they became too radical and even extreme left-leaning...to the point they just spread activism rather than the objective truth. It was all about 'feelings' rather than actual news reporting. I'm not sad they failed, I'm happy that such a media corporation spreading such useless stuff is failing.
Vice was great, went wokeish and lost most people including me, it’s not rocket science to figure out what happened
That’s pretty damn sad.
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5. GET FACTORIES THAT CAUSE POLLUTION TO STOP CAUSE POLLUTION.
Really hope the legacy lives on
Their “legacy” is already based off on something else's, their hitherto-uncredited spiritual-ancestor ever since one of the Occidental Messiahs in "iHindoo IT Cell", Gavin McInnes( no salutation!) was booted-out - leading way to their reincarnation in 2007-ish.
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Vice was really good in their inception but became a version of Buzzfeed/Vox and went totally woke, and the quality of their content took a steep dive.
Vice didn't filter anything and that's why people loved them
I am very sorry to see Vice filing for bankruptcy. Such a great content is now gone for good.
My heart is breaking. VICE News has always brought us honest and non-biased news.
ha ha.....
Go woke, go broke
Vice went so woke
Sad to see. The original creators made such great content and it was real groundbreaking journalism. Now they create content without fact checking or have certain narratives they try to push. Hard to support something that just doesn't have the content or credibility it used to...
Although I liked their foreign journalism, the domestic journalism went way too heavy on pushing an agenda. I just think people are sick of their news pushing any agenda for that matter.
The problem was the woke content. I was an early Vice fan and loved their content but they started preaching and feeding their woke narratives and that’s when they lost a lot of their genuine fans.
What a shame!!!...,loved the investigative journalism they provided on topics and issue that mainstream news media wouldnt cover.
I used to read their magazines and watch their docs but once they sold, they became garbage.
I am a regular Audience Of Vice. They are one of a kind media outlet. Can't imagine them shutting down.
Andrew Tate must be LOVING this 😂
Motherboard was just a hate outlet and vice became just as ignorant when they lost gavin
Says the guy with a german hate symbol as his avatar? 😂😂
@@operator9858 I'm glad you recognise it's a German hate symbol that the Ukrainian army use
sad to see vice go
😂😂😂😂😂😂
they did make the best news doc's many years ago, it will come back just needs to be alot smaller
they have great resources and cover topics other media can't, its unfortunate to say but they did their best.
whoaaa i was waiting when is it coming
They started off as an incredible news channel and maintained a great reputation in the consumer news community, but eventually they started to fall off and you could tell that a lot of their funding was swaying them "too far left" which turned their news into a bias source of information. Overall, I could definitely see this coming because they were an independent news organization and after a while of being directed by their investors to do irrelevant news topics, they lost viewers.
You can't just have any old investor come in and run your news channel. If you're being funded to cover stories that don't relate to what your channel represents, then you're self-sabotaging your own organization at that point.