Scott leaves ABC News just a few weeks before the network news division gets a new president. He will lead all U.S. communications for the company, which includes the Vice digital brands, the Viceland cable channel and a TV show on Showtime.
The digital media outlet is reported to be in “advanced talks” to go public following a merger with 7GC & Co. Holdings, a special purpose acquisition company.
CNN Beijing-based reporter David Culver, CNN International producer Yong Xiong and photojournalist Natalie Thomas earned the Polk award for Foreign Reporting. Their win marks the first time in the 73-year history of the Polk Awards that the award for Foreign Reporting went to a television report. All previous TV awards were in the Television category. the award for Television Reporting went to Vice News Tonight correspondent Roberto Ferdman and his crew for breakthrough coverage of the shooting death of 26-year-old Breonna Taylor in a “no-knock” police raid in Louisville and the investigations that followed.
The layoffs came swiftly last week. At Vice Media, 155 people lost their jobs. Quartz laid off 80. Condé Nast, publisher of glossy magazines such as Vogue, cut 100 people. And as BuzzFeed furloughed staffers at its overseas divisions, its U.S.-based staffers braced for similar cuts. For those who had been watching local newspapers struggle in the era of digitization, these announcements were sobering: Even the media business’s most savvy, innovative and glamorous players are hurting.
Vice Media has laid off roughly 155 employees, according to a Friday memo from CEO Nancy Dubuc. The memo, reviewed by TheWrap, said 55 of the cuts will be domestic and around 100 will be from overseas divisions.
An internal document at Vice Media Group lays out a plan for substantial layoffs at the new-media company’s websites, as Vice considers a variety of options to deal with coronavirus pandemic. The planning document calls for layoffs of more than 300 people in digital operations, including major cuts at both Vice News and Refinery29, the women-focused digital publisher Vice acquired last year.
Rupert Murdoch’s son is focusing his investments on media businesses that bear little resemblance to those in his father’s empire.
The companies have hammered out the broad strokes of a deal that would be a mixture of stock and some cash, and would have Refinery29 management stay on. It would add a large and female-skewing digital media company to Vice’s portfolio.
The Wall Street Journal reports that job cuts at Viceland, some of which took place Thursday, affect about 15 people across multiple departments such as programming, marketing and research. The staff reduction is part of a move away from entertainment and lifestyle programming. Journal subscribers can read the full story here.
A new chief executive hopes that the TV and movie production business can help overcome significant difficulties elsewhere in the company.
Vice Media is planning a reorganization that will include laying off about 10 percent of its workforce as the once high-flying startup looks to rein in an unwieldy business that grew quickly during the height of the digital boom. “Having finalized the 2019 budget, our focus shifts to executing our goals and hitting our marks,” CEO Nancy Dubuc wrote in a memo sent to staff on Friday morning.
Hype, sex appeal and the promise of young audiences turned Shane Smith’s wild brainchild into one of the hottest digital brands on the planet. Then came scandal and skepticism. Now it’s up to Nancy Dubuc, the new CEO, to clean up the $5.7 billion media company’s culture and balance sheet as she prepares to launch a nightly live show on Viceland and as Vice’s weekly HBO show is expected to end.
A hasty CEO exit has put the spotlight on A+E Networks as a symbol of the business trends that are troubling the pay-TV arena.
Former A+E Networks CEO Nancy Dubuc has been named CEO of Vice Media, the company said today. Vice Media co-founder Shane Smith will shift to a new role as executive chairman. The news comes a day after Dubuc announced her exit after nearly 20 years from A+E Networks. The transition comes as Vice has experienced some growing pains and some behind-the-scenes tumult amid allegations of questionable conduct among senior executives at the hard-charging digital content firm.
Elizabeth Rose, a former female employee of Vice Media has alleged in a lawsuit filed today that the company discriminates against female employees, systemically and intentionally paying them less than their male counterparts.
After placing Mike Germano on leave weeks ago, Vice said he would not return. Two women at the company had accused him of inappropriate behavior.
Vice is looking for a new Canadian roost for its Viceland cable network. The bootstrapping media company and the Canadian cable distributor have ended a joint venture in a Vice production studio and Viceland.
Vice Media has suspended President Andrew Creighton and Chief Digital Officer Mike Germano following a New York Times report last month detailing sexual harassment allegations against them.
A media company built on subversion and outlandishness was unable to create “a safe and inclusive workplace” for women, two of its founders acknowledge.
For some of the publishers chasin the broadest scale, maybe. A new study from the Reuters Institute examines the strengths and weaknesses of seven globally ambitious news companies — Brut, Business Insider, De Correspondent, HuffPost, Mashable, Quartz, and Vice.
Vice Media fired three employees on Thursday amid a probe into sexual harassment and improper workplace conduct, according to an internal memo. Vice did not name the employees.
The cuts, which are impacting about 2% of Vice Media’s 3,000 person staff, comes as the company grows its video operations internationally.
Vice Media’s valuation is now up to $5.7 billion, CEO Shane Smith told CNBC, after his company snagged a $450 million investment from asset firm TPG.
NBCUniversal Telemundo has signed a new exclusive content partnership with Vice Media. The partnership entails co-production of original documentary segments for Telemundo News and a one-hour hosted weekly show for Universo. Both programs are expected to debut in the fall.
Vice Media is launching a new online vertical that won’t just cover important issues, but also offer ways to support them. Called Vice Impact, the platform will offer up editorial that details social, economic and environmental issues. Then through partnerships with a number of nonprofits, Impact will provide the audience with options for how to take action.
Vice Media, which has built its brand for more than two decades around news, documentaries and other nonfiction fare, is spreading its wings into scripted entertainment. The Brooklyn-based media company has secured a pact with Blackpills, a French digital media studio startup, for a slate of original short-form scripted content that will be exclusively distributed on Vice’s video-focused digital hub, video.vice.com.
Snapchat continues to beef up its lineup of premium short-form shows: Snap Inc. and Vice Media have struck an expanded deal under which Vice will produce shows exclusively for Snapchat. The first show under deal is Hungry Hearts with Action Bronson, a dating series hosted by rapper-chef Action Bronson (whose real name is Arian Asllani) developed by Viceland. It will debut later this year.
Organized labor has begun a major push to unionize writers, producers and on-air talent who work on Vice Media’s video and TV programming, after successfully organizing digital newsrooms in recent years.
The more ardent tech business followers won’t be surprised by any of these, but Snap Inc., Vice Media, Spotify, Airbnb and Uber are among those expected to have their big moments next year.
Vice Media has promoted James Rosenstock to the role of president of Viceland International, where he will oversee the global TV networks, while continuing to execute new strategic international partnerships to bring Vice content to new territories.
A ton of hype preceded Vice’s nightly news premiere on Monday, but not everyone is buying in. New York Times TV reviewer Mike Hale unfavorably compared the debut to even the most “hackneyed, shallow and formulaic” network newscasts, and blasted the new HBO offering as “mostly a canned, feature-heavy affair presenting news that was a day old or more.”
Several digital media companies have expressed interest in TV, but they’re all far behind Vice Media so far.