Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Vice files for Bankruptcy

bloomberg.com

Post reply on HN
Print view View original

161–170 of 173 posts

Re: Vice files for Bankruptcy

#161

Post by clemailacct1 »

gspencley wrote: post #108
caseyross wrote: post #58

Earlier quoted context omitted.

Isn't it more likely to be the case that no one was willing to pay for the investigative journalism? You see this everywhere. The clickbait is a funding source for the real work. Journalists almost never want to push garbage on the public --- they're usually forced to by management, either as an attempt at growth-at-all-costs or as a revenue source of last resort.

Given they are declaring bankruptcy, there seems to be a signal indicating the possibility that no one was willing to pay for the alternative either.

This is so spot on of a rebuttal. Vice’s shift into what they’ve become was a top-down terrible choice from what they used to be.

Re: Vice files for Bankruptcy

#163

Post by motoxpro »

clemailacct1 wrote: post #161
gspencley wrote: post #108

Earlier quoted context omitted.

Given they are declaring bankruptcy, there seems to be a signal indicating the possibility that no one was willing to pay for the alternative either.

This is so spot on of a rebuttal. Vice’s shift into what they’ve become was a top-down terrible choice from what they used to be.

The rebuttal to that is that neither worked. They wouldn’t have switched if the original style worked. They wouldn’t have gone bankrupt if the switch worked. They would have gone back to the original style of it worked before the switch.

Re: Vice files for Bankruptcy

#164

Post by erik_seaberg »

booleandilemma wrote: post #89
chmod775 wrote: post #31

Some years ago they had a large audience, me included, who got great value out of their investigative journalism. At some point they started pivoting into some weird form of advocacy journalism and clickbait garbage, alienating their existing audience, and apparently failing to find a new one. Good riddance.

The core problem is that people don't want to pay for news. You can see this right here on HN. Just submit a paywalled article and the top comment will be a link to the archive.org version.

HN has thirty stories on the front page. If they linked into thirty separate paywalls, odds are I couldn’t read any of them. If there were an HN wire service, I’d probably join.

Re: Vice files for Bankruptcy

#165

Post by defrost »

detrites wrote: post #66
defrost wrote: post #64

Earlier quoted context omitted.

Or, more realitically, Disney's share price has returned to it's decade long steady state after the boom time of lockdown subscriptions has passed.

Positive take. Yet, I doubt anyone who bought shares over the last two years shares your enthusiasm.

I wrote a good chunk of the back end of what is now a widely referenced Standard & Poor Global Mineral Intelligence GIS database that draws together and cross references all global mineral leases and company data publicly filed in land offices and stock exchanges across the planet (and a few more odds and sods that take a bit more effort to unearth).

I don't do "enthusiam" .. just the bald facts.

Disney, like many other media and streaming companies in several countries, saw a COVID period boom in stock prices as more people watched media and more investors bet on streaming.

That peaked and passed, falling back to pre COVID levels in the majority of cases.

I dare say some day trading investors fumed and cursed culture wars attributing some facet of "woke" to what was a wide spread an thoroughly predictable occurrence echoed across multiple countries.

Re: Vice files for Bankruptcy

#166

Post by heyoni »

tatrajim wrote: post #150
gamblor956 wrote: post #141

Earlier quoted context omitted.

BBC, NPR, and Washington Post are all neutral organizations. WaPo is the home of neocons Hugh Hewitt and Jennifer Rubin. When I first started reading WaPo, they were considered (and they considered themselves to be) far right neocons. These days, Ms. Rubin would be classified as a moderate (and considers herself to be an independent) and Mr. Hewitt is frequently accused of being a RINO. They haven't changed their pol…

NPR is a "neutral organization"? I suspect that would wound the souls of many of the staff there. See, for example: "New NPR Ethics Policy: It's OK For Journalists To Demonstrate (Sometimes)" https://www.npr.org/sections/publiceditor/2021/07/29/1021802...

Yuuuup. Like the above poster said, conservatives have gone way off the deep end…to the point where sometimes it’s really ducking hard to talk in any sort of neutral tone.

I read a lot of Reuters during the trump admin and boy you could hear their tone subtly slip the whole time and when the election results were being contested, journalists everywhere were straight up calling it baseless and inflammatory. Not very neutral but also just facts. And at some point, trying to sound neutral no matter the circumstances is going to sound insane.

Re: Vice files for Bankruptcy

#167

Post by cyclotron3k »

falafel wrote: post #130
alistairSH wrote: post #96

Earlier quoted context omitted.

Agreed. My solution was to subscribe to one reasonable newspaper (Washington Post). Between that, free BBC content, and NPR, I think I get a reasonable overview of world and local news. But, that does mean I miss breaking investigative news from other sources. At least until it's picked up elsewhere or made available elsewhere. It's a bummer at time, but paying for a large subset of possible news sources would cost 1…

BBC, NPR and Washington Post are all left leaning organizations funded by governments and billionaires. I don't know if I would call this "getting a reasonable overview of world and local news".

The BBC is not government funded, it is paid for by British citizens.

Re: Vice files for Bankruptcy

#168

Post by tshaddox »

j33zusjuice wrote: post #94
mysterydip wrote: post #92

Earlier quoted context omitted.

I think part of the problem is the distributed nature of news sources. I don't want to have 20 separate subscriptions to different news sources to manage. I would pay for one site if I could get all my news there, but a single site a) can't cover everything and b) has its own biases.

Apple News+? I think you get access to NYT, WaPo, and a bunch of other paywalled stuff.

Nope, neither of those newspapers. More like the LA Times and the Fresno Bee. And a bunch of magazines that are mostly just ads anyway.

Re: Vice files for Bankruptcy

#169

Post by truculent »

ETH_start wrote: post #147

Their employees only unionized 8 years ago. The rapid decline and eventual bankruptcy of a company following unionization is a common pattern. And unfortunately, the bankrupt company cannot get out of its collective bargaining agreements, making it difficult to find any buyers for its business units.

Per Wikipedia, Vice started its digital operations in 2006/07. So “only” 8 years is about half of that time

Re: Vice files for Bankruptcy

#170

Post by detrites »

defrost wrote: post #165
detrites wrote: post #66

Earlier quoted context omitted.

Positive take. Yet, I doubt anyone who bought shares over the last two years shares your enthusiasm.

I wrote a good chunk of the back end of what is now a widely referenced Standard & Poor Global Mineral Intelligence GIS database that draws together and cross references all global mineral leases and company data publicly filed in land offices and stock exchanges across the planet (and a few more odds and sods that take a bit more effort to unearth). I don't do "enthusiam" .. just the bald facts. Disney, like many ot…

In the same time period Disney halved, the major indexes have retained value or increased. It's difficult to benchmark as competitors embraced the same ideologies. All we can say for sure is that against the market, they performed badly.
Post reply on HN