
Vice Media, once a digital media darling, is bankrupt
CBSN
Vice Media, once a digital video upstart formerly valued at nearly $6 billion, on Monday filed for bankruptcy protection.
Vice launched in Montreal, Canada, in 1994 as a free magazine focused on alternative music and culture. Backed by money from other media companies as well as blue-chip Silicon Valley investors, the company eventually branched into online video and documentaries catering to millennials.
Vice moved its headquarters to New York City and grew so quickly that co-founder Shane Smith once quipped that the company would use its ample funding to pursue "total media domination."

Washington — Internal friction with the Justice Department team that fights monopolies has led to private conversations in the Trump administration about whether to push out some staff in the antitrust division or to work to smooth out the issues, according to multiple sources familiar with the situation.