After a 29-year run, Vice files for bankruptcy
TechCrunchMAY 2023
The Spin
Narrative A
Vice, which has already lost so much of its credibility, is seeing the last nail in the coffin as the company has decided to rebrand as a mouthpiece for the Saudi royal family. Though the kingdom has plenty of money to wield influence, its awful human rights record has improved little, and Vice's acquiescence to Saudi interests is morally repugnant.
Narrative B
Vice, which has granted endured financial trouble in recent years, plans to re-orient itself away from the news and toward culture and lifestyle media. Vice has worked in Saudi Arabia since 2017 and has maintained its editorial independence. Saudi Arabia only seeks to energize the country and the region's youth.