23 things everyone who has played Touch Football will relate to!

first_imgPopular news and list website, Buzzfeed has featured Touch Football this week, creating a post titled ’23 things everyone who has played Touch Football will relate to’. The post lists plenty of relatable scenarios to anyone who has taken the Touch Football field, from slipping over, attempting to score a touchdown on the wrong line and making lifelong friends. To read the story, please click on the link below: http://www.buzzfeed.com/tahliapritchard/23-things-all-aussie-kids-who-played-touch-football-growing#.qdQgDJv5Qj Is there anything you’d add to this post? Let us know on our social media channels:Facebook – www.facebook.com/touchfootballaustraliaTwitter – www.twitter.com/touchfootyausInstagram – www.instagram.com/touchfootballaustralia Related LinksBuzzfeed storylast_img read more

10 months agoLuiz insists Chelsea in the title race

first_imgAbout the authorPaul VegasShare the loveHave your say Luiz insists Chelsea in the title raceby Paul Vegas10 months agoSend to a friendShare the loveChelsea defender David Luiz insists they’re in the title race.Chelsea are fourth in the table ahead of their match against Leicester at Stamford Bridge on Saturday and go into the festive period looking to make it three league wins in a row.”Everybody knows the Premier League is so difficult, we have to think step by step,” the Brazil international told Sky Sports News.”Of course the boss tries to give us the maths and to give us one direction to follow and we trying to get the points to be there and fighting for the title not just for the top four.”It’s not my first Premier League [season] so I know anything can happen.” last_img read more

Fly to NYC to Hang Backstage with Nas

first_imgOmaze.com and hip-hop legend, Nas have come together to offer one lucky winner, and a guest, VIP passes to the Governors Ball Music Festival.Until May 31st, anyone can enter to win a chance to be flown to NYC and hang with Nas backstage, then galavant around summer’s hottest music festival with VIP artist passes – so after you wake up from your dream experience with Nas, you can also check out Kanye, Kings Of Leon, and the rest of the all-star line-up.The best part? Its all for an amazing cause: UNICEF’s efforts to save and improve children’s lives world wide. Anyone can enter to win this dream day by visiting Omaze.com and making a $10 donation to UINCEF.Hang with Nas in New York CityOmaze offers everyone the opportunity to engage in once-in-a-lifetime experiences with celebrities, athletes and the world’s greatest thinkers with the proceeds benefiting a social cause. The process works similar to a charity raffle. The user-friendly site allows anyone to enter to win an Omaze experience of their choice by donating just $5 or $10. Once the deadline to enter for the experience passes, Omaze collects all the entries and selects the winners through a third party computer-generated random selection process. The proceeds are delivered to benefit a specific social cause. The goal of the campaign is clearly quantified and they track the impact overtime so participants can see how their donations are impacting lives.last_img read more

Juventus can win all trophies this season says Marotta

first_imgJuventus director Beppe Marotta believes that they have “put together a very competitive team because we want to go all the way in all our objectives.”Juventus is playing their first home game of the season today against Lazio, and Ronaldo was handed his home debut too.Juventus director Marotta is confident that with the signings they have made, that Juventus can win all the trophies they compete for this season.Cristiano Ronaldo, Nemanja Vidic, Manchester UnitedVidic: “Ronaldo is the most professional footballer I’ve seen” Andrew Smyth – September 14, 2019 Nemanja Vidic opened up on how a 21-year-old Cristiano Ronaldo’s professionalism left him stunned at Manchester United.“In this squad there is no classic divide between first choice and substitutes, they are all co-starters here. We put together a very competitive team because we want to go all the way in all our objectives,” Marotta told Sky Sport Italia, via Football Italia.“The club supports the work of the Coach on a daily level. The players understand they can’t always start and are all very professional, so the frequent squad rotation allows them all to be in good shape and mentally engaged.“It takes real intelligence to get the players to accept and embrace that situation, certainly more so than in recent years.”last_img read more

Jonathan Klinsmann hopes he can have a Bundesliga breakthrough

first_imgThe German-born American goalkeeper hopes his time with the United States senior national team will help his debut in the leagueGoalkeeper Jonathan Klinsmann was born in Germany but has defended the national colors of the United States since 2014.He’s now been called up for today’s match between England and the USA, and he hopes this will help his debut in the German Bundesliga soon for Hertha Berlin.“I think we all had varying reasons to go abroad,” Klinsmann explained to bundesliga.com.“[But] the biggest one I think would be that the Bundesliga has had a good reputation of giving young players a chance to play. Most clubs are known for developing talent and that age is only a number.”Jadon SanchoMerson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“I’m learning a lot here and we have a very good working relationship with all the keepers at Hertha which I’m grateful for,” he added.“But also at the end of the day, I have my sights set on the spot above me. We need to climb and be able to put pressure on the No. 1 as well.”“I was always a striker or attacking mid but at one point just hopped in goal for fun during a break at school,” he explained.“I loved diving around and making those big saves. I eventually asked to go in goal for my club and I stayed there. My dad used to shoot on me a bit in our backyard or on the school fields, and he usually scored so that was some good motivation to get better!”last_img read more

Michael Flynn Turns Over Documents To Senate Panel

first_img Share Carolyn Kaster/APThe Latest on the Trump administration and the Russia investigation (all times local):3 p.m.Former National Security Adviser Michael Flynn has turned over about 600 pages of documents to a Senate committee investigating Russia’s meddling in the 2016 presidential election.That’s according to a congressional aide who spoke on condition of anonymity to discuss the committee’s work. The aide said the Senate intelligence committee’s investigators received the documents Tuesday afternoon and are reviewing the information.Flynn had previously invoked his Fifth Amendment protection from self-incrimination in rebuffing an earlier subpoena from the committee. After the panel narrowed the scope of that subpoena and issued additional ones for records from two of his businesses, Flynn agreed last week to turn over some documents.___2:25 p.m.At least one Republican senator is dismissing the notion of President Donald Trump colluding with the Russians with a criticism of the president’s dealings with his administration.Sen. Lindsey Graham of South Carolina has assailed Trump in the past and ran against him for the GOP presidential nomination. Graham was asked on Tuesday whether he was concerned about the testimony from ousted FBI Director James Comey in Thursday’s congressional hearing.Graham said: “I don’t believe Trump colluded with the Russians because I don’t think he colludes with his own staff. So I’m not worried about that.”___2 p.m.Homeland Security Secretary John Kelly indicated on Tuesday that President Donald Trump’s son-in-law and top adviser Jared Kushner and his communications with Russia are part of a wide-ranging probe by the Justice Department’s special counsel.Kelly defended Kushner at a Senate hearing amid reports that he attempted to establish a “back-channel” communication between Russia and Trump’s presidential transition team. Under Democratic questioning, Kelly said such back-channels are common and one must assume that Kushner is “a great American.”But he also indicated that Special Counsel Robert Mueller is investigating the matter.Under questioning from Democrats, Kelly said: “I think there are numerous investigations that are looking into this. I think it’s part of the Bob Mueller investigation, and I think there’s a number of congressional committees looking into it.”___11:15 a.m.Homeland Security Secretary John Kelly is defending top White House adviser Jared Kushner amid reports that Kushner attempted to establish a “back-channel” communication between Russia and Donald Trump’s presidential transition team.Under Democratic questioning, Kelly said “we have to make the assumption — and I will — that Jared Kushner is a great American.” He said back-channel talks have been common in U.S. diplomacy.Still, Kelly noted the matter is under investigation by Special Counsel Robert Mueller as part of his probe into contacts between the Trump campaign and Russia.Kelly told Montana Sen. Jon Tester that “It’s part of the Bob Mueller investigation,” and the subject of congressional probes.Tester said he believes the conduct of the president’s son-in-law is “unacceptable” and asked Kelly “to find out what the hell is going on.”___7:00 a.m.The Kremlin has denied claims from a U.S. government intelligence report that Russian hackers attacked at least one U.S. voting software supplier before last year’s presidential election.The classified National Security Agency report, which was published online on Monday by The Intercept, said Russian military intelligence agency GRU attacked the software company and sent spear-phishing emails to local election officials around October and November.The report did not say whether the hacking had any effect on election results.Dmitry Peskov, spokesman for President Vladimir Putin, denied the allegations Tuesday, saying that the Kremlin did not see “any evidence to prove this information is true.” He said Moscow categorically denies “the possibility” of the Russian government being behind it.___3:15 a.m.Russian hackers attacked at least one U.S. voting software supplier days before last year’s presidential election, according to a government intelligence report leaked Monday that suggests election-related hacking penetrated further into U.S. voting systems than previously known..The classified National Security Agency report, which was published online by The Intercept, does not say whether the hacking had any effect on election results. But it says Russian military intelligence attacked a U.S. voting software company and sent spear-phishing emails to more than 100 local election officials at the end of October or beginning of November.U.S. intelligence agencies declined to comment.However, the Justice Department announced Monday it had charged a government contractor in Georgia with leaking a classified report containing “Top Secret level” information to an online news organization. The report the contractor allegedly leaked is dated May 5, the same date as the document The Intercept posted online.last_img read more

No 8 Louisville Hosts James Madison for Weekend Series

first_imgStory Links Saturday, March 2 | 4:00 p.m. ET | Live Stats TV: ACC Network Extra | Radio: 93.9 The Ville LOU: Sr. RHP Bryan Hoeing (1-1, 6.00 ERA) JMU: Rs-Sr. LHP Joe Williams (1-0, 2.89 ERA) 1. Louisville 559 4. North Carolina 556 LOUISVILLE 2018 RECRUITING CLASS AMONG BEST IN COUNTRYThe University of Louisville baseball program received its highest recruiting ranking in program history after D1Baseball tabbed the 2018 class at No. 3 in the nation. Louisville’s 2018 class was also ranked fourth nationally by Baseball America and Collegiate Baseball Newspaper.The 2018 class ranking marked the ninth time in the last 11 years Louisville has earned a top 25 national recruiting ranking under the guidance of head coach Dan McDonnell. The Cardinals had the top class in the ACC according to D1Baseball and was among five ACC programs in the top 25 classes – No. 6 Florida State, No. 8 Miami, No. 12 Clemson and No. 17 Virginia.FEELING AT HOME INSIDE JIM PATTERSON STADIUMSince opening the gates at Jim Patterson Stadium in 2005, the Cardinals have won more than 77 percent of their games in the ballpark posting a 372-107 record (.777 winning percentage), including an impressive 33-4 mark during the 2017 season at the corner of Third and Central. Louisville set a school record for home wins with 36 in 2016 and the Cardinals have registered 30 or more wins at home in four of the last six seasons.BENNETT, FITZGERALD, PINKHAM, WYATT NAMED TEAM CAPTAINSLefthanded pitcher Nick Bennett, infielder Tyler Fitzgerald, catcher Zeke Pinkham and first baseman Logan Wyatt have been selected by University of Louisville players and coaches as team captains for the Cardinals baseball team in 2019.Bennett, a junior from Cincinnati, Ohio, closed his sophomore season with an 8-2 record, 2.84 ERA and 72 strikeouts in 73.0 innings pitched, including 11 starts. He was an All-ACC Second Team honoree and was an All-ACC Academic Team selection in 2018. During his first collegiate season in 2017, Bennett earned Freshman All-America honors and was an All-ACC Third Team selection while accumulating a 5-1 record, 3.18 ERA and 61 strikeouts in 65.0 innings pitched and 15 total appearances, including 13 starts.A junior from Rochester, Illinois, Fitzgerald had a .264 batting average with three home runs, 17 doubles, 24 RBIs, 57 runs scored and 23 stolen bases in 24 attempts while playing in all 64 games in 2018, including 63 starts. Fitzgerald was named to the 2018 All-ACC Academic Team.Hailing from Elizabethtown, Kentucky, Pinkham has made 58 appearances with 26 starts behind the plate during his three seasons with the Cardinals. After missing the 41 games of 2018 recovering from off-season injury, Pinkham closed his junior season with 17 appearances and 11 starts.A Louisville native, Wyatt earned Third Team All-America recognition from Collegiate Baseball newspaper and was an All-ACC First Team honoree as a sophomore after hitting .339 with six home runs, 69 RBIs, 22 doubles, 63 walks, 51 runs scored, .559 slugging percentage and .490 on-base percentage. He closed the 2018 season ranked third in the NCAA in walks, 15th in on-base percentage, 17th in RBIs and 18th in doubles. Wyatt was also named to the 2018 NCAA All-Lubbock Regional Team after finishing 6-for-16 with two home runs and 10 RBIs in four NCAA Regional games.ALL LOUISVILLE BASEBALL GAMES SLATED FOR RADIO COVERAGEEach of Louisville’s 56 regular season games as well as all postseason games can be heard on radio locally in Louisville and online via TuneIn.com.Sean Moth will once again be on the call of Louisville baseball games this spring, while 93.9 The Ville will serve as the flagship station for the fifth consecutive season. Selected games during the regular season will be broadcast on 1450 WXVW. LOUISVILLE, Ky. — Following its first setback at home in 2019, the eighth-ranked Louisville baseball team will host James Madison for three games at Jim Patterson Stadium starting Friday at 4:00 p.m., ET. The series continues with a Saturday doubleheader starting at noon ET. All three game can be seen on ACC Network Extra and radio coverage will be available on 1450 WXVW Friday and 93.9 The Ville on Saturday. Live scoring is available at GoCards.com.ABOUT THE LOUISVILLE CARDINALSAfter four consecutive victories to open up the home schedule, the Cardinals lost 5-4 in 10 innings to Xavier on Tuesday. Louisville rallied back from three different deficits to get the game in extra innings, but left the tying run on third in the 10th.Tuesday’s contest was the second to reach extra innings in the last three for the Cardinals, and the third this season to be decided by just one run.Louisville is in the midst of a 14-game homestand after three games in Florida to start the season. The Cardinals will not hit the road again until a three-game set at Duke beginning on March 15.The Cardinals began head coach Dan McDonnell’s 13th season ranked as high as fourth in the national polls. UofL is coming off a 45-19 record in 2018, its seventh straight 40-win season and the 11th in 12 seasons under McDonnell. The Cardinals advanced to the championship round of an NCAA Regional for the seventh straight season.ABOUT JAMES MADISONJames Madison enters the weekend with a 7-1 overall mark that includes a weekend sweep of Norfolk State to open the season and a series victory over Lafayette last weekend. The Dukes are coming off a 5-4 victory over VMI on Wednesday.SERIES HISTORYThis weekend will be the first-ever games between Louisville and James Madison. The Cardinals are 5-1 all-time against current members of the Colonial Athletic Association, with a 3-0 record against Elon and 2-1 mark versus Delaware.TEAM NOTES AND TRENDS Louisville has had at least one baserunner in 58 of 71 offensive innings this season. Cardinal starting pitchers allowed just four earned runs over 23 innings in last week’s four victories. During that stretch, the Louisville bullpen allowed just one run in 14 innings of work spread across 10 different pitchers. In five of Louisville’s first eight games, the starting pitcher has pitched five innings or more with one earned run or fewer allowed. Louisville has been racking up the strikeouts on the mound this season, totaling 10 or more in each of the last five games and six of eight overall. The Cardinals had 11 strikeouts in five innings from their bullpen Tuesday against Xavier. Eleven different Cardinals have made their Louisville debuts this season (Binelas, Davis, Leonard, Lohman, Masterman, Metzinger, Perkins, Poland, Schmeltz, Smith and Wright). It was the collegiate debut for 10 of the 11. Louisville has 24 games on its schedule against teams ranked inside the top 25 in at least one of the six major preseason polls (Clemson, Connecticut, Duke, Florida State, Georgia Tech, Mississippi, NC State, Vanderbilt and Wake Forest). The Cardinals were 39-4 in 2018 when entering the ninth inning with a lead. From 2012-17, Louisville accumulated a six-year record of 266-3 when entering the ninth with a lead, including a 50-0 mark in 2017. On the mound, Louisville was 5th in the nation in 2018 in hits allowed per 9 IP (7.40), 19th in strikeouts per 9 IP (9.5) and 27th in ERA (3.53). UofL led the ACC in ERA and hits allowed per 9 IP.  Louisville was ranked 5th in the nation and No. 1 in the ACC in stolen bases in 2018 with 125 in 149 attempts after ranking 17th in 2017 (98-of-123). The Cardinals were 12th in the NCAA in 2016 with 101 stolen bases, fourth nationally with 127 stolen bases in 2015, second in the nation in 2014 with 133 and second in 2013 with 150. Offensively in 2018, the Cardinals were 8th in the NCAA in sacrifice flies (36) 10th in walks (333), 11th in on-base percentage (.400) and 12th in doubles (131). Louisville led the ACC in doubles.  UofL has won 31 of its 40 ACC series since joining the league and is 33-6 in its series finales during that span, including an 11-4 record in rubber games. The Cardinals have won 16 of their 20 ACC series at home since debuting in the conference. While at Louisville, coach Dan McDonnell has guided the Cardinals to four College World Series berths, seven NCAA Super Regional appearances, 11 NCAA Regional bids, eight regular season conference championships and two conference tournament titles with 37 All-Americans. ESPN Louisville, the group behind local stations ESPN 680 and 105.7 FM, launched 93.9 The Ville, powered by ESPN, on Jan. 29, 2015. The station provides coverage of the Cardinals through an official partnership with Louisville Sports Properties, which represents UofL athletics.LOUISVILLE TO PLAY 52 GAMES ON ESPN NETWORKSLouisville’s 2019 television schedule features 52 of 56 regular season games set for ESPN platforms. The 52 regular season games scheduled for television coverage matches the 2018 season for most in program history.The television schedule is headlined by a pair of games slated for ESPNU. The Cardinals will host Vanderbilt on May 7 in the annual Battle of the Barrel and will later appear on ESPNU May 14 at Indiana.Forty-eight of the 52 games will be televised exclusively on ACC Network Extra, available on WatchESPN and the ESPN app. The Cardinals will also appear on SEC Network+ on the road at Kentucky on April 16 and on ESPN+ at Eastern Kentucky March 19. Print Friendly Version     LSU 559center_img Friday, March 1 | 4:00 p.m. ET | Live Stats TV: ACC Network Extra | Radio: 1450 WXVW LOU: So. LHP Reid Detmers (1-0, 0.75 ERA) JMU: Jr. RHP Kevin Kelly (2-0, 0.00 ERA) 5. Vanderbilt 543     Florida State 559 Most Wins Since 2007 Saturday, March 2 | 12:00 p.m. ET | Live Stats TV: ACC Network Extra | Radio: 93.9 The Ville LOU: Jr. LHP Nick Bennett (1-0, 2.70 ERA) JMU: So. RHP Nick Stewart (0-1, 4.00 ERA) DETMERS NAMED ACC PITCHER OF THE WEEKSophomore lefthander Reid Detmers was named the ACC Pitcher of the Week following a dominant showing in the opening game of Friday’s doubleheader against Brown.Detmers tossed seven no-hit innings with a career-best 11 strikeouts. The southpaw retired the first 16 batters he faced before issuing a walk with one out in the sixth inning. Detmers then retired the next five hitters to finish off his outing. The sophomore struck out the side in order in the second and fourth innings during a stretch of eight strikeouts in nine hitters.Through two starts, Detmers has allowed just one run over 12 innings with 14 strikeouts and an opponents’ batting average of .103.LOUISVILLE TABBED AS PRESEASON ACC FAVORITEThe Louisville baseball team was voted as the 2019 ACC preseason favorite by the league’s 14 head coaches. The Cardinals were selected as the favorite in both the Atlantic Division and the conference.Louisville received seven first place votes in the Atlantic Division and tallied 90 points to narrowly edge out Florida State, which picked up six votes for the top spot and 86 points. Clemson was third with 71 points followed by NC State (53), Wake Forest (49), Notre Dame (24) and Boston College (19).North Carolina was a near unanimous selection to win the Coastal Division, as 13 coaches voted the Tar Heels in the top spot. Virginia received the other first place tally and is tied with Duke for the second position with 64 points. Miami (61), Georgia Tech (59), Pitt (24) and Virginia Tech (23) round out the rest of the division.BENNETT AND WYATT RECEIVE 2019 PRESEASON ALL-AMERICA RECOGNITIONA pair of Louisville players were named preseason All-Americans in 2019 by various organizations. Junior first baseman Logan Wyatt garnered preseason All-America honors from Baseball America, Collegiate Baseball Newspaper, D1Baseball, NCBWA and Perfect Game. Additionally, junior lefthanded pitcher Nick Bennett was a preseason All-America selection by the NCBWA and Perfect Game.A Louisville native, Wyatt earned Third Team All-America recognition from Collegiate Baseball newspaper and was an All-ACC First Team honoree as a sophomore last season after hitting .339 with six home runs, 69 RBIs, 22 doubles, 63 walks, 51 runs scored, .559 slugging percentage and .490 on-base percentage. He closed 2018 ranked third in the NCAA in walks, 15th in on-base percentage, 17th in RBIs and 18th in doubles. Wyatt was also named to the 2018 NCAA All-Lubbock Regional Team after finishing 6-for-16 with two home runs and 10 RBIs in four NCAA Regional games.Bennett, a junior from Cincinnati, Ohio, closed his sophomore season with an 8-2 record, 2.84 ERA and 72 strikeouts in 73.0 innings pitched, including 11 starts. He was an All-ACC Second Team honoree and was an All-ACC Academic Team selection in 2018. During his first collegiate season in 2017, Bennett earned Freshman All-America honors and was an All-ACC Third Team selection while accumulating a 5-1 record, 3.18 ERA and 61 strikeouts in 65.0 innings pitched and 15 total appearances, including 13 starts.WYATT NAMED TO USA BASEBALL GOLDEN SPIKES AWARD WATCH LISTJunior first baseman Logan Wyatt was named to the preseason watch list for the 2019 USA Baseball Golden Spikes Award. The list features 55 of the nation’s top amateur players across high school and college baseball.Wyatt is the 11th Cardinal to appear on the preseason watch list since 2009, including Brendan McKay who won the Golden Spikes Award in 2017.An All-American in 2018, Wyatt has garnered preseason All-America honors in 2019 from Baseball America, Collegiate Baseball Newspaper, D1Baseball, NCBWA and Perfect Game. The Louisville native was an All-ACC First Team honoree as a sophomore last season after hitting .339 with six home runs, 69 RBIs, 22 doubles, 63 walks, 51 runs scored, .559 slugging percentage and .490 on-base percentage. Wyatt was also named to the 2018 NCAA All-Lubbock Regional Team after finishing 6-for-16 with two home runs and 10 RBIs in four NCAA Regional games.LOUISVILLE IN NATIONAL POLLS EVERY WEEK SINCE START OF 2012Louisville, which surpassed its previous high national ranking of No. 2 (in 2016) with the No. 1 ranking on March 13 and March 20 during the 2017 season, has enjoyed a historic run by remaining ranked in at least one major national poll every week since the release of the 2012 preseason rankings — the longest such span in school history.Ranked in the top 25 in all six major preseason polls for 2019, the Cardinals have earned a preseason national ranking in 11 straight seasons (2008-2018) overall. Louisville entered the 2019 season ranked fourth in the D1Baseball rankings, eighth in the Perfect Game and USA Today polls, ninth in the Collegiate Baseball Newspaper and NCBWA rankings and 11th by Baseball America.LOUISVILLE LEADS COUNTRY IN WINS SINCE 2007Dan McDonnell took the reins of the Louisville baseball program in 2007. Louisville entered 2019 with the most wins of any Division I program from 2007-18 with 554. GAME DAY INFORMATION #8 Louisville vs. James Madison Location: Louisville, Ky. Venue: Jim Patterson Stadium (4,000) Twitter Updates: @LouisvilleBSB Game Notes: Louisville | James Madisonlast_img read more

Vice Devalued Disney Writes Off 157 Million of Its Stake in Struggling

first_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 A Vice rep declined to comment on Disney’s write-down or its current valuation.In any case, Disney is set to boost its ownership in Vice: The media conglomerate will obtain 21st Century Fox’s stake in Vice Media under the $71.3 billion asset deal between Disney and 21CF, expected to close in the first half of 2019. Fox had originally invested $70 million in Vice in 2013 for a 5% stake at the time (giving Vice an implied valuation of $1.4 billion five years ago).Disney’s devaluation of Vice comes as revenue growth at Vice has stalled and the company is struggling to reduce costs under new CEO Nancy Dubuc. The company, whose operations span multiple websites, TV shows, magazines and the Viceland cable network, is trying to avoid layoffs per se and is looking to reduce headcount by instituting a hiring freeze and not hiring replacements for staffers who quit.The belt-tightening at Vice was first reported by the Wall Street Journal, which said it’s looking to reduce headcount by 10%-15%. A source familiar with Vice said there’s no hard percentage is targeting for the staff reduction. In addition to the hiring freeze, Dubuc is planning to consolidate Vice’s roughly one dozen vertical sites (which the company calls “channels”) by half, the Journal reported.In July 2017, Vice cut around 2% of its 3,000 employees across multiple departments while expanding internationally and boosting video production.Dubuc, formerly CEO of A+E Networks, joined Vice as CEO earlier this year in the wake of a sexual-harassment scandal at the company that resulted in the exit or firing of several execs. Co-founder and ex-CEO Shane Smith moved into a new role as executive chairman.For 2018, the company is expecting revenue of $600 million-$650 million — flat with last year, the Journal reported. Vice is pegging a loss of over $50 million this year, versus a loss of over $100 million last year, per the WSJ. Last week Dubuc said she expects Vice to become profitable again within the next fiscal year. The CEO noted that Vice was profitable a few years ago, before it invested heavily in the launch of the Viceland cable channel and international expansion.Vice, which is reliant on digital advertising, is far from the only company hurt by the recent downturn in digital media. This week internet-video producer Defy Media announced that it had ceased operations, with the owner of content brands including Smosh and Clevver blaming “market conditions” for its demise.Correction: An earlier version of this story said Disney’s write-down suggested that Vice’s valuation had declined by more than $2 billion. However, that estimate did not account for Disney’s ownership position in A+E Networks, which holds an 18% stake in Vice. Factoring that it, the Disney write-down implies Vice’s valuation has dropped more than $800 million since its funding in mid-2017. UPDATED: Vice Media, after flying high with an eye-popping $5.7 billion valuation, is falling back to Earth.On Thursday, Disney disclosed a $157 million write-down on its stake in Vice as part of reporting results for the September 2018 quarter.That represents a decline of around 40% from Disney’s original $400 million investment in Vice three years ago. Disney has a direct 11% ownership stake in Vice (as of Sept. 29, 2018). But the math here gets opaque: Disney’s stake also encompasses A+E Networks’ 20% stake in Vice; Disney owns 50% of A+E in a joint venture with Hearst Corp.Meanwhile, Vice’s valuation increased from $4 billion at the time of Disney’s direct investment to the $5.7 billion valuation after it received $450 million in new funding in June 2017 from private-equity firm TPG. So that means Disney’s ownership stake in Vice appreciated in value. It’s not clear what Brooklyn-based Vice is valued at now, but Disney’s write-down (based on its estimated 21% total stake in Vice) suggests Vice has lost around $750 million in value since the TPG funding. Popular on Variety last_img read more