Lift Up Thine Blessings To The Sky God

And the asteroids which he has gifted us.

After nearly three decades, Vice will stop publishing stories to its website. Vice Media CEO Bruce Dixon said today that the company is going to lay off hundreds of employees as it plans a shift toward social platforms, according to a memo to employees obtained by Washington Post reporter Will Sommer.

“It is no longer cost-effective for us to distribute our digital content the way we have done previously,” Dixon writes. “Moving forward we will look to partner with established media companies to distribute our digital content, including news, on their global platforms, as we fully transition to a studio model.”

Vice has been struggling with many of the same challenges affecting other companies across the media industry. Advertising has become a less lucrative way to monetize content, and audiences are becoming more difficult to reach directly. That’s why Vice is moving toward new revenue streams, such as licensing out its content and focusing on social platforms with bigger scale.

Amen.

14 Replies to “Lift Up Thine Blessings To The Sky God”

  1. “It is no longer cost-effective for us to distribute our digital content”.

    “Moving forward we will look to partner with established media companies to distribute our digital content”.

    “Vice is moving toward new revenue streams, such as licensing out its content”.

    If you read between the lines they are “willing to write anything for food”. Because what is the most expensive part of their business? Creating content. Not distribution. The secret is in the “moving toward new revenue streams” and “licensing out its content”. We will write what you want us to as long as you pay us because our own stuff isn’t selling type of “new model”.

    You can have any color you want as long as it’s black.

    1. VICE could try a real vice like, say for instance, cocaine smuggling…

      Oh, wait….

      “In December 2015, five young people were arrested in Australia during a botched drug trafficking attempt. In September 2019, their handler Yaroslav Pastukhov—a onetime Vice Canada editor known as Slava P.—pleaded guilty to conspiracy to import cocaine. Slava admits his involvement in the scheme, and expects to serve time in prison.”

      https://www.theringer.com/2019/12/2/20974891/slava-p-cocaine-smuggling-arrest

  2. “It is no longer cost-effective for us to distribute our digital content”.

    Because nobody wants it? Just a guess.

  3. A last-gasp of using what was once spent on server rack space and bandwidth to pay “content creators”…for content that couldn’t even support server rack space and bandwidth.

  4. Fancy words for we cant repay our Covid 19 lockdown business loans.. Apparently the free money wasn’t quite as free as they thought it was.. This year is going to be interesting..

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