SPACs and Media Struggles
The conversation delves into the challenges faced by media companies like Vice amid the changing landscape of online advertising, where automated bidding drives ad rates down. With the rise of powerful social networks, the need for a turnaround becomes evident as the company grapples with financial pressures and staffing contractions. The discussion also touches on the implications of SPAC deals, highlighting the lack of due diligence compared to traditional IPOs.In this clip
From this podcast
Decoder with Nilay Patel
The rise and fall of Vice Media
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