NBC News announced that it has expanded the leadership roles of three executives.
22.02.2024 - 22:35 / deadline.com
Beleaguered youth-skewing media company Vice is eliminating “several hundred positions” and moving away from online news.
CEO Bruce Dixon told staff in an internal memo the news following a morning of questions being raised about the future of the brand.
These are the latest layoffs to occur at the company, which was sold out of bankruptcy last year.
Dixon said it was making some “fundamental changes to our strategic vision”.
“We create and produce outstanding original content true to the Vice brand. However, it is no longer cost-effective for us to distribute our digital content the way we have done previously. Moving forward, we will look to partner with established media companies to distribute our digital content, including news, on their global platforms, as we fully transition to a studio model. As part of this shift, we will no longer publish content on vice.com, instead putting more emphasis on our social channels as we accelerate our discussions with partners to take our content to where it will be viewed most broadly,” Dixon wrote in the note to staff.
“With this strategic shift comes the need to realign our resources and streamline our overall operations at Vice. Regrettably, this means that we will be reducing our workforce, eliminating several hundred positions. This decision was not made lightly, and I understand the significant impact it will have on those affected. Employees who will be affected will be notified about next steps early next week, consistent with local laws and practices,” he added.
Vice-owned Refinery 29 will continue as a standalone digital publishing business.
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NBC News announced that it has expanded the leadership roles of three executives.
Peak intellectual property doesn’t have the same ring to it as peak TV. Drama based on tried-and-true ideas, however, removes risk for commissioners in challenging international markets and is in vogue. But producers be warned: the best ideas don’t come cheap.
Ellise Shafer Catherine McCormack has joined Colin Firth in Sky and Peacock’s upcoming limited series “Lockerbie,” about the 1988 flight disaster in which 259 passengers and crew members were killed. The “Slow Horses” actor will play Jane Swire, the wife of Dr. Jim Swire (Firth).
John Hopewell Chief International Correspondent European giant Beta Film, known for ambitious titles such as “Babylon Berlin” and “The Swarm,” has shared with Variety in exclusivity a first-look picture of 1o-part series “Rise of the Raven,” which it hails as “one of the most epic European TV productions of all time.” “Rise of the Raven” weighs in as a passion project of Hungarian-born and Canada-based producer Robert Lantos, behind “Sunshine,” “The Sweet Hereafter,” “Barney’s Version,” “Eastern Promises” and “Crimes of the Future.” A highlight at Beta Film’s showcase this Tuesday at the London TV Screenings, “Rise of the Raven” turns on the extraordinary feat of Hungarian army commander Janos Hunyadi, played by discovery Gellért L. Kádár, who in 1456 won a bloody, brutal Battle of Belgrade against a vast Ottoman force twice the size of his troops who were often farm labourers armed with just slings and patriotic fervor. Hunyadi largely halted a full Ottoman expansion in Europe for the next 70 years, allowing its Renaissance to lift off in Italy.
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Subrata De, one of the most high-ranking executives at Vice Media, is leaving as the youth-skewing company.
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Vice Studios docs boss Alex Moore is exiting to join Banijay label Dragonfly.
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Thania Garcia Universal Music Group has acquired a 25.8% interest in Chord Music Partners — whose portfolio includes music from the Weeknd, Ellie Goulding, John Legend, Kid Cudi and more — for $240 million. Chord, which was formed in 2021 by KKR and Dundee Partners, will work with UMG and Dundee as part of a long-term partnership where UMG will handle distribution and publishing administration for Chord’s existing catalog through Universal Music Publishing Group (UMPG) and UMG’s Virgin Music Group (VMG).
Berlinale Series Market’s annual project pitching event. The prize consists of an invitation to the production’s team to present again at the industry centrepiece at next month’s Lille-based get-together, the Series Mania Forum’s Co-Pro Pitching Sessions.
Elsa Keslassy International Correspondent Playtime has had a busy EFM, where it’s locked a raft of major deals on “The Devil’s Bath,” a period psychological thriller in competition at the Berlin Film Festival. “The Devil’s Bath” is directed by Veronika Franz and Severin Fiala, the Austrian filmmaking duo behind “Goodnight Mommy.” Set in rural Austria in 1750, “The Devil’s Bath” stars Anja Plaschg, the up-and-coming singer and composer known as Soap & Skin. Plaschg plays Agnes, a young married woman who feels oppressed in her husband’s world, which is devoid of emotions and limited to chores and expectations.
Leo Barraclough International Features Editor “From Hilde, With Love,” which world premiered Saturday in competition at the Berlinale, has debuted its trailer (below). The film, directed by Andreas Dresen, centers on a group of young anti-Nazi activists in Berlin during World War II. (Read Variety‘s review here.) The film, which is being sold by Beta Cinema and is produced by Claudia Steffen and Christoph Friedel for Pandora Film, stars “Babylon Berlin” breakout Liv Lisa Fries and Johannes Hegemann.
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“The first shape I had in mind for this film was fiction,” filmmaker Mati Diop told a Berlin Film Festival presser this morning when quizzed on the structure of her inventive documentary Dahomey.
Callum McLennan Filmax has taken global distribution rights for “My Friend Eva,” the latest from Spanish director Cesc Gay whose ‘Truman’ proved a notable hit overseas, scoring substantial theatrical returns in several territories. Set against the backdrops of Barcelona and Rome, this romantic comedy boasts Nora Navas (“Libertad”) Juan Diego Botto (“The Suicide Squad”) and Rodrigo de la Serna (“Money Heist”). The film marks the ninth collaboration between Gay and producer Marta Esteban of Imposible Films, dating back to Gay’s breakout “Nico and Dani” and taking in “Truman.” The new film turns on Eva, 50, a married woman on the quest for passion whose life takes a dramatic turn after a serendipitous encounter in Rome.