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June 10, 2019
Woke/Broke: HBO Cancels Vice Show, Making This Worthless Website Even More Worthless
Vice had been heavily invested in by Disney (of course), owning a "blended" 21% stake. (I don't know what "blended" means in this context.)
Disney has had to, in two chunks, write off the entire value of that investment.
Walt Disney Co. wrote off the rest of its investment in Vice Media, reflecting the ongoing troubles at the onetime media darling.
The charge of $353 million in the fiscal second quarter marked the second time in the last year that Disney has taken a hit on the investment.
...
At one point the business was valued at $5.7 billion.
Disney had previously taken a $157 million write-down.
Vice's traffic is "sluggish" because, inter alia, it's woke garbage-shit.
One thing they had going for them is that annoying show on HBO that's always on because it's dirt cheap and barely costs HBO anything.
Well, that's all done now.
HBO has canceled Vice News Tonight, putting an end to its seven-year relationship with Vice Media.
The architect of that show, news chief Josh Tyrangiel, will depart Vice this summer after nearly four years of, per a memo he sent to staff, "harrowing challenges and huge highs" with the company.
But mostly harrowing challenges. I imagine the only "huge highs" came when they conned investors into giving them millions and millions of dollars to pour into a huge money-pit and set ablaze.
The harrowing challenges ensued immediately after.
I'm guessing, at least.
I have a bad feeling that #Woke Netflix, possibly even more #Woke than HBO (possibly!), might come in and offer them some pocket change for their very very shitty woke content.
Update: This Is a Disney Property?
187 One of top Vice stories:
Bisexual Women Explain Why They Hate Being 'Unicorn Hunted' for Threesomes
As nonmonogamous dating and polyamory have become more popular, the practice of couples using dating apps to deceive women into being their mythical 'third' is on the rise.
Posted by: rhennigantx
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