Vice’s Canadian cable TV channel is going off the air, after low ratings and reported losses for the $100 million joint venture
|01/22/2018||Posted by BusinessMediaguide.Com under General World News||
- Rogers Communications ended a $100 million joint venture with Vice Media for its cable channel, Viceland Canada, on Monday, according to The Hollywood Reporter.
- Viceland Canada reportedly had substantial revenue loss and low ratings.
Canadian media giant Rogers Communications is set to pull Vice Media’s Canadian cable channel, Viceland Canada, off the air.
On Monday, Rogers terminated the $100 million joint venture it signed with the Montreal-founded media company (now based in New York) in 2014. The problem: low ratings and substantial revenue loss, according to The Hollywood Reporter.
According to THR, Viceland Canada suffered a $2.49 million pre-tax loss read more >>>