Top news right now that Vice media once Valued at 5 billion dollars is preparing To file for bankruptcy despite attempts To find a buyer the company's financial Troubles have culminated in this Imminent bankruptcy filing sending Shockwaves through the media industry This development follows a trend of Downsizing and layoffs in the industry Including recent cutbacks at Disney BuzzFeed VOX media and NPR the future of Vice media remains uncertain with this Largest debt holder Fortress Investment Group potentially set to control the Company follow next news for more on This developing story