[ April 19, 2024 ]
Bankruptcy-bound Vice Media will reportedly be bought out of Chapter 11 by investors who include billionaire George Soros for about $400 million — after the Brooklyn-based company was once valued at nearly $6 billion.
Boom. Because without their propaganda and fake news, the left would fail spectacularly.
BREAKING: Bankrupt Vice Media to be acquired by Soros and Fortress investment groups
Story continues below advertisementVice will be bought out of bankruptcy by Fortress Investment Group and Soros Fund Management for $400 million.
BREAKING: Bankrupt Vice Media to be acquired by Soros and Fortress investment groups
By: Post Millennial, May 5, 2023 1 minute read
Vice Media, once valued at $5.7 billion, embraced woke ideology and will now be bought out of bankruptcy by Fortress Investment Group and Soros Fund Management for $400 million.
According to insiders, this acquisition deal would eliminate all stockholders, including TPG, Sixth Street Partners, and James Murdoch. The plan also entails wiping out the debts held by TPG and Sixth Street The Wall Street Journal reports.
Fortress Investment Group, the company’s largest debtholder, is expected to take over management control. The hedge fund is said to have a role for Vice co-founder Shane Smith, who will most likely play a part in the company’s future direction.
Reports from earlier this week indicated that Vice was reportedly planning to file for bankruptcy in the coming weeks.
This move follows the recent closure of Vice World News, a global reporting initiative, which many saw as a departure from the company’s roots in gonzo journalism.
This is a breaking story and will be updated.
The Truth Must be Told
Your contribution supports independent journalism
Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.
Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.
Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.
Please contribute here.
or
Make a monthly commitment to support The Geller Report – choose the option that suits you best.
Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding.Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.
Follow Pamela Geller on Gettr. I am there. click here.
Follow Pamela Geller on Trump's social media platform, Truth Social. It's open and free.
Remember, YOU make the work possible. If you can, please contribute to Geller Report.
Join The Conversation. Leave a Comment.
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the - symbol under the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.
If you would like to join the conversation, but don't have an account, you can sign up for one right here.
If you are having problems leaving a comment, it's likely because you are using an ad blocker, something that break ads, of course, but also breaks the comments section of our site. If you are using an ad blocker, and would like to share your thoughts, please disable your ad blocker. We look forward to seeing your comments below.
3 Comments11 months agoMay Soro$ and his whole EVIL family come down with both Lou Gehrig’s disease and pancreatic cancer. The suffering would be intense, and they would be aware of EVERY minute of pain and suffering….
11 months agoIs t it amazing how this EVIL GUY is still alive !!! Unless he is being kept alive for the anti christs purpose of killing all Jews and Christians who don’t get the mark of the beast so of course the evil will continue to take control of the media as they have an anti God agenda and how we will be hated among men because the world hated Jesus first . Anything good is now deemed bad and the evil ones are loving it , what with all this transgender nonsense which has proven how the laws do not protect the innocent victims but reward the evil. Even do gooders will fail to protect themselves in the future
11 months agoI would have preferred Richard Gere to buy the banks. The banks deserved it for going woke!
D
