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Vice Digital Properties Will Live on Under New Joint Venture; Vice News Not Part of Deal
Vice Media Group digital brands including Vice.com live on under a new joint venture with Savage Ventures. Vice News is not part of the deal.
In February, Vice Media had announced that it would stop publishing content on consumer-facing digital outlets and the Brooklyn-based company laid off several hundred employees. “The Vice brand remains an important cultural icon, and we intend to honor its legacy of compelling storytelling as we shepherd it into the new media landscape.” This structure allows us to leverage Savage’s leading expertise and furthers our vision to produce compelling original content that entertains while pushing boundaries.”
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