Decoder with Nilay Patel
The rise and fall of Vice Media
Apr 11, 2024
Liz Lopatto, Senior Reporter at The Verge, dives into the tumultuous journey of Vice Media, tracing its evolution from a punk zine to a troubled media giant. She discusses the chaotic management and questionable financial practices that led to its downfall, describing it as a 'fucking clown show.' Topics include the impact of the Me Too movement on leadership, failed financial strategies, and the challenges of adapting in a changing digital landscape. Lopatto's insights reveal the complexities behind Vice's rise and eventual collapse.
43:03
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Quick takeaways
- Vice Media's downfall was not just due to digital advertising challenges but also internal mismanagement and unclear business strategies.
- Vice's financial troubles were exacerbated by failed acquisitions, reliance on controversial Saudi investment, and chaotic financial management.
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