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Vice Media reportedly headed for bankruptcy

Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed News

Vice Media Group, the company behind popular media websites such as Vice and Motherboard, is preparing to file for bankruptcy, the New York Times reported on Monday, citing people with knowledge of its operations.

The report comes days after Vice shuttered its Vice News Tonight program, and amid waves of media layoffs and closures, including the end of BuzzFeed News.

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