Vice Media LLC

Vice Media LLC is a global media company known for its news coverage, documentary filmmaking, and cultural commentary. It produces a range of content across digital, television, and print platforms, with a focus on youth culture and important social issues.

CCI Score

-39.78

0.17% May 31

Latest Event

Vice Media Job Cuts and Media Shift

Vice Media Group announced plans to lay off hundreds of employees and cease publication on its flagship news website as part of a strategic realignment, signaling significant negative impacts on labor rights and independent media presence.

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TOADIE

Vice Media LLC is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

FEB

23

2024

Vice Media Job Cuts and Media Shift
-44.03

Vice Media Group announced plans to lay off hundreds of employees and cease publication on its flagship news website as part of a strategic realignment, signaling significant negative impacts on labor rights and independent media presence.
-60

Labor Relations and Human Rights Practices

April 7

The decision to lay off hundreds of employees undermines job security and worker rights, negatively affecting vulnerable workers and marginalized communities. This action is indicative of cost-cutting measures that prioritize financial efficiency over ethical labor practices.

Vice Media plans to cut hundreds of jobs, stop publishing on flagship website
-40

Media Influence and Propaganda

April 7

The move to stop publishing on its flagship website reduces the company's independent media voice, potentially funneling audiences towards more consolidated media outlets. This diminishes diverse journalistic perspectives that are critical in countering centralized, authoritarian narratives.

Vice Media plans to cut hundreds of jobs, stop publishing on flagship website
AUG

25

2023

Vice Media's Alignment with Saudi Propaganda
-67.03

Vice Media LLC has shifted its editorial practices to serve as a propaganda vehicle for Saudi Arabia, downplaying security risks for marginalized employees and suppressing critical coverage of the authoritarian regime in pursuit of lucrative partnerships. The firm's actions include opening a Riyadh office and producing advertorial content that avoids exposing human rights issues, thereby compromising its journalistic independence.
-85

Media Influence and Propaganda

April 7

Vice Media has been using its platform to produce pro-Saudi content, effectively turning its media operations into a propaganda tool that shields the authoritarian regime from critical scrutiny. This deliberate suppression of critical news, including downplaying risks to vulnerable groups such as LGBTQ+ staff, evidences an alignment with repressive state interests.

How Vice Went From New Media Giant to Saudi Propaganda Machine
-75

Labor Relations and Human Rights Practices

April 7

The company has downplayed legitimate security concerns for its LGBTQ+ staff and other vulnerable employees in Saudi Arabia. By pressuring staff to work under conditions that compromise their safety and ethical standards, Vice Media demonstrates a neglect of labor rights and human rights responsibilities.

How Vice Went From New Media Giant to Saudi Propaganda Machine
MAY

15

2023

Vice Media Files for Chapter 11 Bankruptcy
-20.82

Vice Media, once valued at $5.7 billion, has filed for Chapter 11 bankruptcy amid financial distress and prior layoffs. The company announced plans for an asset sale by a consortium of lenders—including Fortress Investment Group and Soros Fund Management—with the aim of restructuring its operations while promising to continue paying its remaining employees and vendors.
-30

Labor Relations and Human Rights Practices

April 7

The bankruptcy filing follows significant layoffs and signals potential further erosion of worker rights during restructuring. Despite assurances of continued employee payments, the financial distress poses risks to maintaining fair labor practices, negatively impacting marginalized workers.

Vice Media, once worth $5.7 billion, files for bankruptcy - NPR
-20

Economic and Structural Influence

April 7

The asset sale and bankruptcy restructuring highlight the company's economic vulnerability, raising concerns about future consolidations that could undermine independent media and reduce diverse economic contributions within the industry.

Vice Media, once worth $5.7 billion, files for bankruptcy - NPR
MAY

15

2023

VICE Media LLC Files for Chapter 11 Bankruptcy
-37.12

VICE Media LLC filed for Chapter 11 bankruptcy, initiating a restructuring process expected to lead to a sale to Fortress Investment Group and Soros Fund Management. The filing follows significant cost-cutting measures, including the shuttering of key news programs such as VICE World News and over 100 newsroom layoffs, highlighting troubling impacts on labor relations and corporate financial practices.
-50

Labor Relations and Human Rights Practices

April 7

The bankruptcy process was accompanied by more than 100 layoffs and the shuttering of flagship news programs. These moves have severe implications for worker rights and job security, reflecting poor labor relations practices that undermine the well‐being of affected employees.

VICE Media LLC Files for Chapter 11 Bankruptcy
-40

Economic and Structural Influence

April 7

The filing underscores a highly leveraged financial structure and unsustainable capital practices. The need for a court-supervised asset sale and aggressive restructuring indicates problematic economic and structural management that destabilizes the company and could enable future opaque consolidations.

VICE Media LLC Files for Chapter 11 Bankruptcy
APR

27

2023

Vice Media Global News Team Reduction and Layoffs
-48.64

An internal memo revealed that Vice Media Group is cutting its global news team and ending 'Vice News Tonight' as it shifts focus toward digital content amid challenging market conditions. The announcement, made on April 27, 2023, suggests that layoffs are imminent, drawing criticism from unions that highlight a history of poor decisions impacting worker welfare.
-60

Labor Relations and Human Rights Practices

April 7

The decision to downsize the news team and the impending layoffs are strongly negative for labor relations. The action undermines worker stability and reinforces longstanding criticisms from unions regarding poor practices in managing employee welfare. This rating reflects the anti-fascist emphasis on protecting workers' rights.

Vice Media reduces global news team, ending 'Vice News Tonight'
JAN

01

2019

Vice Media Gender Discrimination Settlement
-21.05

In 2019, Vice Media settled a class-action lawsuit by paying $1.875 million to approximately 675 former staffers over allegations that it routinely paid women less than men, reflecting systemic issues in its labor practices.
-40

Labor Relations and Human Rights Practices

April 7

The settlement over allegations of wage disparity based on gender highlights a failure in Vice Media's labor practices and fair treatment of workers. Such systemic inequality undermines worker rights and is a negative indicator from an anti-fascist perspective that prioritizes fair labor practices and the protection of marginalized groups.

The Fall Of Vice Media In Big Numbers - Forbes