James Murdoch is reported to be acquiring major media assets including Vox Media and New York Magazine in a deal described by several outlets as worth more than $300 million. Multiple reports say the acquisition includes Vox.com and the Vox Media Podcast Network, which would bring additional digital and audio offerings under the umbrella of Murdoch’s investment firm, Lupa Systems. Outlets also note that not all Vox-owned brands are part of the transaction. In particular, reports from Mint and Press Gazette say The Verge is not included, while Press Gazette and Mediaite also indicate other titles such as PopSugar are excluded. Adweek describes internal management changes for the units being acquired, saying Vox Media will be split: CEO Jim Bankoff would lead the newly acquired titles, while president Ryan Pauley would oversee the remaining titles. Politico Europe, Mediaite, and The Independent frame the purchase as Murdoch expanding his media holdings following a public split from his father and his family’s broader media interests. Some reports cite a higher figure of $419 million, but the core assets and exclusions are broadly consistent across coverage.
James Murdoch to acquire Vox Media and New York Magazine in reported $300M deal
James Murdoch is reported to be acquiring major media assets including Vox Media and New York Magazine in a deal described by several outlets as worth more than $300 million. Multiple reports say the...
- James Murdoch is reported to acquire Vox Media and New York Magazine in a transaction described as exceeding $300 million.
- The deal reportedly includes Vox.com and the Vox Media Podcast Network.
- Several outlets report that not all Vox-owned brands are included, including exclusions such as The Verge and PopSugar.
- Adweek reports Vox Media is split after the deal, with Jim Bankoff leading the newly acquired titles and Ryan Pauley overseeing remaining titles.
- Mediaite reports the assets would be held under Murdoch’s investment firm, Lupa Systems.
James Murdoch is taking over New York magazine and Vox, building a different media company than his father’s.
1 month agoPromising a commitment to "ambitious journalism and agenda-setting conversations," the 53-year-old younger son of Rupert Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand.
1 month agoJames Murdoch's Lupa Systems is buying New York Magazine, Vox's podcasts and Vox. The deal is about brands that draw audiences across print, audio, video and events.
1 month agoPromising a commitment to "ambitious journalism and agenda-setting conversations," media scion James Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand.
1 month agoJames Murdoch says his company's acquisition of New York Magazine and the Vox Media podcast network reflects "our deep commitment to ambitious journalism".
1 month agoJames Murdoch to buy New York Magazine and Vox podcasts in million deal
1 month ago
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