Vice started as a punk zine in Montreal in the 1990s, expanding into a global media brand that included a print magazine, a vast digital content operation, a TV and film production studio, and its own TV network, Vice TV. It racked up prestigious journalism awards with its flagship program, Vice News Tonight. Vice’s brash reporting style helped define a new era of news, starting in the mid-2000s, that courted a younger audience, while drawing hundreds of millions of dollars in investments from establishment media companies, including Disney and Fox. The company, however, has failed to turn a profit for years, losing money and resorting to successive rounds of staff layoffs.
https://qz.com/once-valued-at-5-7-billion-vice-may-now-be-headed-for-1850394233