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The Wall Street Journal: Vice investors getting antsy for company to turn a profit as cable TV struggles

Vice Media is facing uncertainty in its executive ranks at a pivotal moment, as the digital media company tries to rebound from a substantial revenue miss last year and fend off shareholders pressing for an exit.

Vice, whose $5.7 billion valuation makes it the most valuable new media company, missed its 2017 revenue target of $805 million by more than $100 million, according to people familiar with the matter.

That setback, largely due to the struggling Viceland cable TV channel, comes as co-president Andrew Creighton, who was placed on leave after sexual-harassment allegations surfaced in a New York Times report, is unlikely to return to his post, according to people familiar with the matter.

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