We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“Vice employed a lot of talented people at its lower levels. But any attempt to look at the company’s finances suggests a long history of issues at the very top…According to sources, while Vice execs were spending opulently in some areas, the newsroom struggled to pay its bills. A person familiar with the company’s finances claimed that Vice delayed paying vendors until services would be shut off, at which point the company would realize they were necessary and try to figure out how to pay the bills.” —
Tags:
Shane Smith,
Vice
