Vice Media Group Prepares For Bankruptcy

"Vice Media Group appears to be the latest digital media company in trouble," writes longtime Slashdot reader DesScorp. "The New York Times reports that the company is preparing for bankruptcy after being unable to find a buyer. Vice canceled Vice News Tonight only four days ago. The company, once valued at over $5.7 billion, has been bleeding cash, and major investors such as Disney will take a huge loss." From the report: In the event of a bankruptcy, Vice's largest debt holder, Fortress Inves