Vice Media will cease publishing to its website and lay off several hundred staffers as the beleaguered publisher makes “fundamental changes” to its “strategic vision” under its new private equity ownership, chief executive Bruce Dixon announced Thursday in a memo to staff.
Sorry! Didn’t know where else to post this!
Anybody surprised by this one?
That seems to be happening with a lot of online journalism. The money for the content was never there on a corporate scale.
Which is why 404 media is good for the industry
404 is the shit! They’ve had some great scoops and their podcast is the only one I regularly listen to these days