in journalism from Emerson College in Boston. She also worked as a general assignment reporter at Rome News-Tribune in Georgia, and as a news reporter at WERS-FM 88.9, Emerson College’s radio station. Prior to joining Capital B, she was an education reporter at The Richmond Times-Dispatch. Before this, Hunter worked as an Atlanta health reporter at Capital B. Entire teams were gutted, and scores of people lost their jobs today.” You can read the full post here.ĪP hires for public health coverage… Kenya Hunter has joined The Associated Press as a public health reporter, a position funded by the Robert Wood Johnson Foundation. As has been the case in previous layoffs, VICE has once again decided to let go of the very same people who have worked tirelessly over the years to turn it into a respected, award-winning media company. In response, the Vice Union posted on X/Twitter, “We can no longer express shock and surprise that VICE has determined its only way forward is to lay people off. “Vice will continue to produce digital news, as well as Vice News documentaries, both series and films, for FAST Channels, streaming services and other partners,” co-chief executives, Bruce Dixon and Hozefa Lokhandwala said. Vice cancels shows, lays off staff – AGAIN… Months after shuttering its flagship show “Vice News Tonight,” the media company has announced the closure of several shows and dozens of staff layoffs. An exciting episode of the Bankadelic podcast awaits you with our editor and publisher Lou Carlozo as he explores the world of AI with Edgeware CEO Nina Vellayan. On the international front, UK publisher Reach plc has also announced about 450 job cuts – when will this chaos end? On the “healthier” news front, The Associated Press has hired Kenya Hunter as a public health reporter. In addition, Jezebel is shuttering with its entire team being laid off. Vice chief executive Nancy Dubuc exited the company in February after five years at the helm, a post she took on during a tumultuous time for the newsroom.Layoffs in the journalism and media world seem like an unending nightmare as Vice Media is one of the recent organizations that has announced the cancelation of several shows, along with staff layoffs. It also owns British fashion magazine i-D and in-house creative agency Virtue, among others. The company oversees a variety of brands, including the women's lifestyle site Refinery29, which it acquired in 2019 for $400 million. (It still employs journalists overseas, however, and tells NPR it has no plans to stop covering international news.) It also canceled its weekly broadcast program, "Vice News Tonight," which debuted in 2016 and passed 1,000 episodes in March. Last month the company announced layoffs across its global newsroom and shuttered its international journalism brand, Vice World News. Bankruptcy follows layoffs and high-profile departures The latter invested a total of $400 million in the company but wrote it off as a loss in 2019. Vice earlier had attracted big-name backers, including 21st Century Fox and Disney. Investors valued the company, founded in 1994 as a Montreal-based punk magazine, at $5.7 billion in 2017. Even that was a fraction of what investors once believed it was worth. The company had tried without success to find a buyer willing to pay its asking price of more than $1 billion. Vice Media says it intends to keep paying its remaining employees and vendors throughout the process and to keep top management in place. "We look forward to completing the sale process in the next two to three months and charting a healthy and successful next chapter at VICE." "This accelerated court-supervised sale process will strengthen the Company and position VICE for long-term growth," co-CEOs Bruce Dixon and Hozefa Lokhandwala wrote in a statement. That group, which includes Fortress Investment Group and Soros Fund Management, lent it $20 million to keep it afloat during the sale process, during which other lenders can make higher bids. Vice Media, the edgy digital media startup known for its provocative visual storytelling and punchy, explicit voice, filed for Chapter 11 bankruptcy early Monday.Ī group of Vice lenders is set to purchase the embattled company's assets for $225 million and take on significant liabilities, listed at $500 million to $1 billion, according to the filing in a New York federal court. The once-hot media startup filed for bankruptcy after failing to sell itself.
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