Impact hires a new announcer, Vice could file for bankruptcy

May 2, 2023 - by Steve Gerweck

– Vice, the brash digital-media disrupter that charmed giants like Disney and Fox into investing before a stunning crash-landing, is preparing to file for bankruptcy, according to two people with knowledge of its operations, according to the New York Times.

The filing could come in the coming weeks, according to three people familiar with the matter who weren’t authorized to discuss the potential bankruptcy on the record.

The company has been looking for a buyer, and still might find one, to avoid declaring bankruptcy. More than five companies have expressed interest in acquiring Vice, according to a person briefed on the discussions. The chances of that, however, are growing increasingly slim, said one of the people with knowledge of the potential bankruptcy.

A bankruptcy filing would be a bleak coda to the tumultuous story of Vice, a new-media interloper that sought to supplant the media establishment before persuading it to invest hundreds of millions of dollars. In 2017, after a funding round from the private-equity firm TPG, Vice was worth $5.7 billion. But today, by most accounts, it’s worth a tiny fraction of that.

– Impact Wrestling announced on social media….

34 Responses

  1. WrestleFan says:

    Hey, nice projection you’ve got going there.

  2. Kyle Christie says:

    @DB Virtual hug accepted and returned! 😀

  3. DB says:

    @Luke You can go looking for any of our interactions on this site yourself if you’re truly curious to get the answers you are demanding. I mentioned one interaction, as it did stand out in my mind due to the ignorance shown. To be fair, I am oblivious of your commentary other than those responding to mine. Sorry to hurt your ego there. However, it is something for you to ponder on.

    @Wrestlefan Well, I do have a 3,000 lumen projector. It’ll work wonderfully for displaying Tucker Carlson’s new twitter show in my living room. You should tune in to Tucker’s show. It will be illuminating.

  4. Luke says:

    You can’t have it both ways. I can’t both be an idiot and be intelligent enough to be expected to do my own research and draw the right conclusions.

  5. DB says:

    I believe I am done with the peanut gallery duo on this subject. Until the next time they reply to one of my comments, if I wish to do so of course.

    On the plus side, I did receive a virtual hug from Kyle Christie, which I do appreciate. Thank you Kyle.

  6. Luke says:

    Understandable. Going any further would mean that you would have to expose yourself. Even by your own standards.

  7. Kyle Christie says:

    You’re welcome DB! Now, lets all end this debate with a hug. Hug it out! Hug it out! Hug it out!

  8. WrestleFan says:

    Honestly, my only response now is to defer to Luke’s statement.

    Other than that, I don’t mind ending this whole debate thing here & now, but not with a hug; moreso, with DB walking away & hopefully, politics no longer getting mentioned here.

  9. DB says:

    @Kyle Christie If Kane and Daniel Bryan were able to hug it out, anything is possible.

    Hope springs eternal, as vices are put to rest.

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