R.I.P. Scout26
Journos should have learned to code before the code learned to journo
We’d tell you to pour one out for BuzzFeed, but there’s really no need to waste a perfectly good beverage on those people.
Elon Musk@elonmusk·17hReplying to @Not_the_BeeIt sucked
Looks like Vice may be headed that way too
The filing came as the company prepares to sell essentially all of its assets to a Lender Consortium made up of Fortress Investment Group, Soros Fund Management and Monroe Capital. Although the company previously reported $500 million to $1 billion in assets, the sale has so far yielded only $225 million in the form of a credit bid.
"VICE serves a huge global audience with a unique brand of news, entertainment and lifestyle content," VICE's Co-Chief Executive Officers Bruce Dixon and Hozefa Lokhandwala said in a statement following the announcement. "This accelerated court-supervised sale process will strengthen the Company and position VICE for long-term growth, thereby safeguarding the kind of authentic journalism and content creation that makes VICE such a trusted brand for young people and such a valued partner to brands, agencies and platforms."
