James Murdoch's company is acquiring New York magazine, the Vox Media Podcast Network, and Vox. Read the memo from Vox CEO Jim Bankoff about the sale.
James Murdoch is buying a big chunk of Vox Media, including NY Mag. Read the memo to staffers.
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Lucia Moses
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The media scion also picked up explainer site Vox and its podcast assets, with Vox Media CEO Jim Bankoff set to join Lupa.
James Murdoch just made a big investment in the American news media.
James Murdoch's Lupa Systems media and tech holding company, is buying a big swath of Vox Media's holdings.
The deal, valued at more than $300m, gives Murdoch control of a storied magazine and a podcast division.
Murdoch said the acquisition “reflects both our interest in the forward edge of culture and our deep commitment to ambitious…
James Murdoch, Rupert Murdoch’s youngest son, may be the next owner of New York magazine and Vox Media’s podcast network.
James Murdoch Buys New York Magazine, Vox Media’s Podcast Network and Vox Website in Deal Reportedly Worth More Than $300 Million
