A lawsuit alleges sabotage and union-busting in the Sports Illustrated-Arena Group divorce. Authentic Brands Group transferred control of Sports Illustrated to Minute Media, causing chaos on the website. Shane Smith is attempting to buy back Vice Media from Fortress after Vice faced decline and layoffs.
Sources: ex-Vice chief Shane Smith is trying to raise money to buy Vice Media back from Fortress, which led a' group that bought Vice out of bankruptcy in 2023 (The Wrap) https://t.co/5laFIziu2o https://t.co/91tUW8ggqW
Shane Smith trying to buy the carcass of Vice, Adam Neumann preparing a bid for WeWork, we're one guy away from a really beautiful new three-makes-a-trend piece https://t.co/qRtd6JPvWd
Today's HOT🔥 must read about the collapse of #Vice from @sharonwaxman and Emily Smith. No paywall and check it out! https://t.co/Q9JrG76Bk0
#EXCLUSIVE: As Vice convulses in the throes of decline — https://t.co/CavHATRagN barely there, hundreds of journalists laid off — the latest plot twist seems almost scripted: Shane Smith is trying to buy his baby back. Read more ⬇️ https://t.co/5c1u28gEOa
What happened to Shane Smith and #Vice? It turns out he's back. Emily Smith and I dive deep into why the promise of Vice turned to dust, but also reveal that Smith is back at the company, pitching, advising, selling - and plotting to buy it back. https://t.co/cZjc1GR6Ci
Exclusive: Shane Smith Scrambles to Save What’s Left of Vice, the Media Empire He Built – and Blew Up As Vice convulses in the throes of decline — the website barely there, hundreds of journalists laid off — the latest plot twist seems almost scripted. https://t.co/5c1u28gEOa
EXCLUSIVE: Last week, Authentic Brands Group transferred control of Sports Illustrated from The Arena Group to Minute Media. Since then, chaos has reigned on SI’s website and behind the scenes, things have been even worse. @byajperez’s story ⬇️
Explosive lawsuit alleges sabatoge and union-busting in Sports Illustrated-Arena Group divorce https://t.co/AhF2UDK3FX https://t.co/6Wegss7L96