Vice Digital Properties Will Live on Under New Joint Venture; Vice News Not Part of Deal
variety.comTodd Spangler NY Digital Editor They’re not dead yet: Most of Vice Media Group‘s digital brands — including Vice.com — will be relaunched under a new joint venture formed by the struggling media company.
But the future of Vice News remains uncertain. In February, Vice Media had announced that it would stop publishing content on consumer-facing digital outlets and the Brooklyn-based company laid off several hundred employees.
Now, under a new pact, most of those digital businesses will live on. Vice Media and Nashville-based Savage Ventures announced Thursday the formation of a joint venture and strategic partnership to “relaunch and grow” properties including Vice.com, Munchies, Motherboard and Noisey as well as all associated social platforms, YouTube channels and websites.
The companies claim the combined portfolio has almost 100 million followers across all platforms. It’s not immediately clear whether Vice Media staffers who were recently let go will be rehired under the new joint venture.
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