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The Guardian - US
The Guardian - US
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Margaret Sullivan

Vice is going bankrupt, BuzzFeed News is dead. What does it mean?

BuzzFeed News BuzzFeed Vice Ben Smith
Vice Media's office building in Los Angeles.
Vice Media's office building in Los Angeles. Photograph: Jae C Hong/AP

In a seminal 2009 essay, Newspapers and Thinking the Unthinkable, the brilliant New York University professor Clay Shirky made the point that journalism as we had known it for decades was finished – and for good reason.

The reason, in a mere two words: the internet.

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