Weird. The brand has already been ruined; why anyone would want this is an absolute mystery to me.Vice Media, the once-high flying digital media company valued at billions of dollars, is set to be acquired out of bankruptcy by three investment companies, including Fortress Investment Group, for $225 million.
The acquisition of the one-time media powerhouse by its three creditors — made up of Fortress, Soros Fund Management and Monroe Capital — is set to take place after Vice said in a legal filing Thursday that it received no other satisfactory bids as it explored a sale for the company.
Very sad. I'm not sure how they can avoid a significant drop in quality. It's a shame, but I can see having to cancel my subscription in the near future.![]()
National Geographic lays off all of its staff writers
National Geographic has laid off all its staff writers, leaving the venerable, award-winning magazine to be pieced together by editors and freelancers. In all, 19 editorial staffers were cut, inclu…www.nydailynews.com
Jim Geraghty has some thoughts on the situation:![]()
National Geographic lays off all of its staff writers
National Geographic has laid off all its staff writers, leaving the venerable, award-winning magazine to be pieced together by editors and freelancers. In all, 19 editorial staffers were cut, inclu…www.nydailynews.com
Good article. The death of print media is both sad and yet unsurprising. Most Americans would prefer a microwave burrito over a slow-cooked meal just because it's faster, quality be damned. Is it any surprise that media consumption has followed the same path? Also, I had no idea that NG had fallen under the Disney umbrella.Jim Geraghty has some thoughts on the situation:
...the news that the illustrious magazine National Geographic has laid off all of its last remaining staff writers is a demonstration that we, as a society, have largely chosen to stop paying for news or entertainment, with far-reaching consequences for our lives. The belief that we’re entitled to high-quality information in almost every form — and will accept lower-quality stuff if it is free — is one big reason that the current state of American discourse looks and sounds like a WWE match among insane-asylum inmates held in a sewer.
National Review link
I guess FN is going to continue this trend until basically everyone who works there will be making minimum wage. Good.Bumpy day on the North Atlantic. Anyway, I got fired from TheFive so I quit Fox. After 23 years tomorrow Fox and Friends could be my last appearance on the network. Thanks for the memories.
It was bad news when Disney bought them...![]()
National Geographic lays off all of its staff writers
National Geographic has laid off all its staff writers, leaving the venerable, award-winning magazine to be pieced together by editors and freelancers. In all, 19 editorial staffers were cut, inclu…www.nydailynews.com
When I have the time, I'm going to dig in and see how they did it. An IRC section requires that all 501(c)(3) entities, which I believe Nat Geo was, have in their organizing document a provision that, if they go out of business, all their assets will be distributed to another such charitable organization. I really busy at the moment, but my curiosity is up, when I can find the time...Good article. The death of print media is both sad and yet unsurprising. Most Americans would prefer a microwave burrito over a slow-cooked meal just because it's faster, quality be damned. Is it any surprise that media consumption has followed the same path? Also, I had no idea that NG had fallen under the Disney umbrella.
Jim Geraghty has some thoughts on the situation:
...the news that the illustrious magazine National Geographic has laid off all of its last remaining staff writers is a demonstration that we, as a society, have largely chosen to stop paying for news or entertainment, with far-reaching consequences for our lives. The belief that we’re entitled to high-quality information in almost every form — and will accept lower-quality stuff if it is free — is one big reason that the current state of American discourse looks and sounds like a WWE match among insane-asylum inmates held in a sewer.
National Review link
OK, here's the story. In 2015, The National Geographic Society, still a tax exempt entity, formed a partnership, called "National Geographic Partners," a for-profit entity with 20th Century Fox. In 2018, Disney bought 20th Century Fox, so NGP became part of Disney. Disney owns 73% and the Society owns 27%...When I have the time, I'm going to dig in and see how they did it. An IRC section requires that all 501(c)(3) entities, which I believe Nat Geo was, have in their organizing document a provision that, if they go out of business, all their assets will be distributed to another such charitable organization. I really busy at the moment, but my curiosity is up, when I can find the time...
And lately, almost everything Disney touches turns to ash. Most everything they release theatrically is just a shameless cash-grab, specifically as it relates to Star Wars and the MCU. (Although I have to admit that "The Mandalorian" was really, really good. I enjoyed the hell out of that show.) Satisfying a nerd isn't as hard as they would have you believe. Just stick to the source material and prioritize creating a good story to go along with all the special effects. I mean, how hard is that?OK, here's the story. In 2015, The National Geographic Society, still a tax exempt entity, formed a partnership, called "National Geographic Partners," a for-profit entity with 20th Century Fox. In 2018, Disney bought 20th Century Fox, so NGP became part of Disney. Disney owns 73% and the Society owns 27%...
Zero percent chance this goes to trial, which is a damn shame.![]()
Arizona Man Cited in Conspiracy Theories Sues Fox News for Defamation
Ray Epps, a two-time Trump voter, says Tucker Carlson repeatedly and falsely named him as a covert government agent who incited the Jan. 6 attack.www.nytimes.com