Feb 1, 2018

What is behind the decline of Vice Media?

Once, it looked like Vice Media had successfully grown from a subversive street magazine to slick global news and media company. But now its value is dropping and senior executives are facing sexual harassment claims. What happened?

Emily Watkins and Glenn Dyer

Media reporter / Crikey business and media commentator

A couple of years ago, it looked like Vice may have successfully grown up.

The youth-oriented news outlet was getting glowing write-ups on its transformation from subversive Canadian street-press magazine to international news and media company. There were serious news awards and big interviews, including with then-US president Barack Obama. The Columbia Journalism Review described the changes underway at Vice like this in 2015:

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4 thoughts on “What is behind the decline of Vice Media?

  1. zut alors

    Vice News regularly provides reports on matters not covered in other TV bulletins. It’s a welcome relief from Canberra, excess sport & ambulance chasing which comprise most Oz news programmes.

    The Cyberwar series on SBS is always illuminating albeit alarming.

  2. cp

    SBS Viceland has some really interesting programming. It would be sad to see it dropped from SBS, especially now that ABC2 is mostly wasteland.

  3. AR

    I see TV so rarely that I couldn’t grok what VICELAND was but I liked what I saw.

  4. Arky

    It really can’t be a surprise that Vice had sleaze and harassment in the past. Not only because you’d be hard-pressed to find a media company that didn’t, but seriously, it was VICE, the company obsessed with reporting on sex and strippers.

    I would have thought that should have already been factored into the price, and the company actually taking steps to demonstrate that stuff was no longer tolerated was a positive, but what would I know?

    As for Wynn, it’s like- really, people owning shares in a casino empire weren’t already pricing in the fact that the owner and management are going to be full of sleaze? REALLY?)

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