Vice Media has filed for Chapter 11 bankruptcy protection in the US to facilitate a sale of the company and safeguard its future, according to court documents and a statement from the struggling media group.The company, which publishes news, technology and lifestyle websites such as Vice, Motherboard and Refinery29, made the filing in the Southern District of New York.The filing stated that the company had assets and liabilities worth between $747 million and $1.49 billion ($USD500 million and $USD1 billion).
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