Vice Media to file for bankruptcy – NYT ...News

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Vice Media to file for bankruptcy – NYT
The outlet is has struggled in the years since it secured major investments from media giants like Disney and Fox Vice Media is preparing to file for bankruptcy, the New York Times reported on Monday, noting the company could soon come under the control of an investment firm should it fail to find a buyer. While at least five companies have indicated they might be interested in buying Vice, the chances that will happen “are growing increasingly slim,” a source knowledgeable of the potential bankruptcy told the Times. Three people familiar with Vice’s operations suggested the company could file sometime in the “com

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