Jesse Angelo Latest Celebrity News & Gossip

EXCLUSIVE: Jesse Angelo is the latest top executive to leave Vice Media as he starts his own production company.

Todd Spangler NY Digital Editor Vice Media Group, the day after closing its sale following its Chapter 11 bankruptcy proceeding, has made changes to its top editorial ranks. The personnel changes were announced by Cory Haik, chief operating officer of Vice Media’s news and entertainment group, in a memo to staff Tuesday, who said they were part of “usher[ing] in an era of rebuilding and focusing on growth across Vice.” Exiting the company are Katie Drummond, senior VP, global news and entertainment; Jason Koebler, editor in chief of Vice’s Motherboard technology publication; and Motherboard executive editor Emanuel Maiberg.

Vice Media Group, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 billion, according to the Reuters news service. The statement also said that the group had agreed to the terms of an asset purchase agreement with a consortium of lenders. These include Fortress Investment Group, Soros Fund Management, and Monroe Capital. The consortium agreed to provide total purchase consideration of approximately $225 million in the form of a credit bid for substantially all of the company’s assets, in addition to the assumption of significant liabilities upon closing, the statement said.

EXCLUSIVE: VICE Distribution, the sales arm of Vice Media Group, has hired Elise Ching as Sales Director for APAC.

Morgan Hertzan and Cory Haik have been promoted at Vice Media as Jesse Angelo has re-upped his contract.

EXCLUSIVE: Subrata De, who oversees all news coverage at Vice Media, is staying with the youth-focused company.