In the latest executive shuffle at Vice, chief creative officer Tom Punch has exited to take a similar position at Spring Studios, an ad agency and production company with offices in the U.S., UK and Europe.
Vice, the maverick, Montreal-born brand that was once the darling of the media business, has entered a more choppy period and is restructuring under new chief Nancy Dubuc. When Disney announced earnings last week, it divulged a writedown of $157 million on its investment in Vice. Word came last week of plans to reduce the workforce of 3,000 by up to 15%. Former president Andrew Creighton departed at the end of October.
Punch’s focus was on the branded content and advertising work that long kept Vice’s revenue steady as it took riskier swings in the more volatile TV and cable network space.
At Spring Studios, where Punch will be global president and chief creative officer,...
Vice, the maverick, Montreal-born brand that was once the darling of the media business, has entered a more choppy period and is restructuring under new chief Nancy Dubuc. When Disney announced earnings last week, it divulged a writedown of $157 million on its investment in Vice. Word came last week of plans to reduce the workforce of 3,000 by up to 15%. Former president Andrew Creighton departed at the end of October.
Punch’s focus was on the branded content and advertising work that long kept Vice’s revenue steady as it took riskier swings in the more volatile TV and cable network space.
At Spring Studios, where Punch will be global president and chief creative officer,...
- 11/12/2018
- by Dade Hayes
- Deadline Film + TV
Vice Media, under recently installed CEO Nancy Dubuc, is in for some belt-tightening.
The company, looking to cut costs amid a revenue slowdown, has instituted a hiring freeze and is aiming to reduce the size of its employee base over the next year, sources confirmed. Vice is hoping to avoid layoffs per se, aiming to hit headcount-reduction targets by attrition — that is, by not hiring replacements for staffers who exit.
Vice’s workforce-reduction plans were first reported by the Wall Street Journal. According to the Journal, the company is looking to trim 10%-15% of its staff. A source familiar with the company said there’s no actual percentage Vice is targeting for the reduced headcount.
Dubuc, speaking last week at the New York Times’ DealBook conference, said Vice will become profitable again within the next fiscal year. The CEO noted that Vice was profitable a few years ago, before it...
The company, looking to cut costs amid a revenue slowdown, has instituted a hiring freeze and is aiming to reduce the size of its employee base over the next year, sources confirmed. Vice is hoping to avoid layoffs per se, aiming to hit headcount-reduction targets by attrition — that is, by not hiring replacements for staffers who exit.
Vice’s workforce-reduction plans were first reported by the Wall Street Journal. According to the Journal, the company is looking to trim 10%-15% of its staff. A source familiar with the company said there’s no actual percentage Vice is targeting for the reduced headcount.
Dubuc, speaking last week at the New York Times’ DealBook conference, said Vice will become profitable again within the next fiscal year. The CEO noted that Vice was profitable a few years ago, before it...
- 11/8/2018
- by Todd Spangler
- Variety Film + TV
Nine months after being suspended at Vice Media for allegations of sexual harassment, president Andrew Creighton has resigned.
Creighton had been with Vice for 16 years, and was placed on suspension earlier this year after a New York Times exposé found that the company had paid a $135,000 on his behalf to settle a legal dispute with a former employee who claimed she’d been fired after declining an intimate relationship with Creighton. The Wrap reports that, despite the fact that Creighton was cleared of any wrongdoing in that case by an independent investigation conducted by Vice, he has opted to leave the company nevertheless.
At the same time that Creighton was suspended back in January, Vice’s chief digital officer, Mike Germano, was also suspended after being accused of sexual misconduct in two instances. Unlike Creighton, however, Germano was let go one month later.
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Creighton had been with Vice for 16 years, and was placed on suspension earlier this year after a New York Times exposé found that the company had paid a $135,000 on his behalf to settle a legal dispute with a former employee who claimed she’d been fired after declining an intimate relationship with Creighton. The Wrap reports that, despite the fact that Creighton was cleared of any wrongdoing in that case by an independent investigation conducted by Vice, he has opted to leave the company nevertheless.
At the same time that Creighton was suspended back in January, Vice’s chief digital officer, Mike Germano, was also suspended after being accused of sexual misconduct in two instances. Unlike Creighton, however, Germano was let go one month later.
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- 11/1/2018
- by Geoff Weiss
- Tubefilter.com
Vice Media president Andrew Creighton has left the media company nearly a year after reports that he had paid a former employee who said she was fired after rejecting his sexual advances.
A New York Times story examining the workplace culture at the boundary-pushing millennial news organization revealed that Creighton had paid $135,000 to settle a claim brought by the former employee, according to documents viewed by the publication.
The executive was placed on leave in January, pending the outcome of Vice’s investigation into the allegation. A source said Vice’s internal investigation found no merit to the allegations but that Creighton decided to step down as co-president to support CEO Nancy Dubuc’s vision to create a healthy workplace.
Dubuc talked about cultivating a culture and trust at the media company in the wake of damaging accounts from women who said they were subjected to unwanted kisses, groping, lewd remarks and propositions for sex.
A New York Times story examining the workplace culture at the boundary-pushing millennial news organization revealed that Creighton had paid $135,000 to settle a claim brought by the former employee, according to documents viewed by the publication.
The executive was placed on leave in January, pending the outcome of Vice’s investigation into the allegation. A source said Vice’s internal investigation found no merit to the allegations but that Creighton decided to step down as co-president to support CEO Nancy Dubuc’s vision to create a healthy workplace.
Dubuc talked about cultivating a culture and trust at the media company in the wake of damaging accounts from women who said they were subjected to unwanted kisses, groping, lewd remarks and propositions for sex.
- 10/31/2018
- by Dawn C. Chmielewski and Dade Hayes
- Deadline Film + TV
Vice has teamed up with production company FremantleMedia to launch new food programming.
The companies plan to create a "multi-channel food platform", which will focus on bringing culinary topics to a young audience.
The shows will air online but FremantleMedia will also distribute the content to television channels around the world, with features, articles, recipes and events expected to be included among the plans.
Series focusing on various themes - such as world cuisine and a quirky look at home cooking - are also in the works, with Vice hoping that festivals, tastings and a 'food locator' service will follow in the future.
Vice president Andrew Creighton said: "Today's youth are the driving force behind the food culture explosion, yet they remain totally under-served when it comes to original food programming.
"Partnering with the best in class, FremantleMedia, the new Vice food channel will upend the culinary media landscape, producing...
The companies plan to create a "multi-channel food platform", which will focus on bringing culinary topics to a young audience.
The shows will air online but FremantleMedia will also distribute the content to television channels around the world, with features, articles, recipes and events expected to be included among the plans.
Series focusing on various themes - such as world cuisine and a quirky look at home cooking - are also in the works, with Vice hoping that festivals, tastings and a 'food locator' service will follow in the future.
Vice president Andrew Creighton said: "Today's youth are the driving force behind the food culture explosion, yet they remain totally under-served when it comes to original food programming.
"Partnering with the best in class, FremantleMedia, the new Vice food channel will upend the culinary media landscape, producing...
- 2/19/2014
- Digital Spy
After reaching one million subscribers, Vice is beginning to branch out on YouTube. The media company centered around its groundbreaking and oft-edgy magazine has launched Thump, a website and YouTube destination centered around dance music. The channel's teaser gives us a pretty good idea of what to expect: loud electronic music, flashing lights, a wide assortment of interviews, sweaty young people on the dance floor, and, just for good measure, a little more noise. "Vice is known for telling stories that matter to young people," said Vice President Andrew Creighton. "Now, with our friends at Recreation Worldwide, we've created Thump to tell stories that matter for fans of electronic music, through the best video content on the scene. So just stay awake - Stay Awake! - and enjoy." The first few videos beyond the teaser include documentaries, music video debuts, and informational featurettes. In many ways, it seems similar to...
- 4/17/2013
- by Sam Gutelle
- Tubefilter.com
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