Viceland and Vice News are merging and relaunching Vice News Tonight on the Viceland cable network. VNT was previously on HBO, but that relationship ended in June when HBO cancelled the program. According to the Hollywood Reporter, the merge would also lead to 15 staff members being laid off.
This round of layoffs would be the second Vice, Inc. (The parent company of Vice and Viceland) this year. In February, Vice, Inc. laid off 10% of its staff in effort to move toward profitability.
Viceland is planning on focusing more on news with the relaunch of VNT. VNT is going to be the anchor program for the 3 year old network. Vice, Inc. CEO Nancy Dubuc, raise $250 Million in debt financing to help grow the network and business.