Vice Media co-founders apologise for ‘boy’s club’ environment at firm

Vice Media co-founders issued an apology on Saturday, saying the Millennial-focused media company had allowed a "boy's club" atmosphere that included sexual harassment to flourish.

Vice CEO Shane Smith and co-founder Suroosh Alvi released a statement after the New York Times published a story outlining four settlements by the company involving allegations of sexual harassment or defamation against Vice employees. The newspaper also reported that more than two dozen women had experienced or witnessed sexual misconduct at the company.

In the emailed statement sent to Reuters addressing Vice staff, Smith and Alvi said three employees had been fired for "unacceptable behaviour". Smith and Alvi also laid out steps the company is taking to improve the work atmosphere for women, including hiring a new HR chief and committing to equal pay for men and women by the end of 2018.

"From the top down, we have failed as a company to create a safe and inclusive workplace where everyone, especially women, can feel respected and thrive," they said.

In apologising for allowing the "inappropriate behaviour" to permeate the company, Smith and Alvi said past dysfunction and mismanagement were allowed to "flourish unchecked." They added that they wanted to express "extreme regret for our role in perpetuating sexism in the media industry and society in general". Neither Smith nor Alvi were accused of misconduct in the New York Times story.

Vice, which started as a Montreal punk magazine in 1994, attracted top investors in recent years as the multimedia company evolved into a news and entertainment platform that catered to Millennials