A few years ago, Vice was valued at $5.7 billion. They published some of the smartest, most interesting, and fearless journalism of the last decade.
And now private equity is going to strip it for parts to make a bunch of outdated nostalgia meme pages. Unspeakably grim shit. https://t.co/QkGEuLhuFC
— Otto Von Biz Markie (@Passionweiss) February 22, 2024
Media is disappearing. Google stole the ad revenue, hedge funds stripped newspapers for parts. Support your news sources!
Media news: Looks like bad news is ahead of DC’s NPR affiliate, WAMU. Their office will be closed and their site will be temporarily automated ahead of a morning “strategic” meeting tomorrow, and staff have been “frozen” out of internal systems. https://t.co/zIpxvgeKVq
— Will Sommer (@willsommer) February 22, 2024
