Vice Media’s $30 Million Loan is the Latest Warning Sign for the Troubled Company
Posted on AllSides February 16th, 2023
From The Center
After abandoned plans to go public and a renewed attempt to sell itself in the private market, Vice Media accepted a $30 million loan from Fortress Investment Group, the Wall Street Journal reported Feb. 14. The company reportedly owes millions to vendors, some of which haven’t been paid in six months and have resorted to debt collectors.
AllSides Media Bias Rating: Center