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James Murdoch Reveals Deal for New York Magazine

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Coverage diverges primarily in the emphasis placed on different aspects of the deal. Variety and The Hollywood Reporter focus on the acquisition of New York Magazine and the broader implications for Vox Media, while TheWrap highlights the…
Alex Weprin· ·2 min read · 0 reactions · 0 comments · 11 views
#media#acquisition#business
James Murdoch Reveals Deal for New York Magazine
⚡ TL;DR · AI summary

James Murdoch's Lupa Systems has successfully acquired New York magazine and the Vox Media Podcast Network. The deal, valued at over $300 million, also includes Vox.com and its various sub-brands. Vox Media CEO Jim Bankoff will join the new company, which will be named Vox Media.

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Original article
The Hollywood Reporter · Alex Weprin
Read full at The Hollywood Reporter →
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James Murdoch Photo by Kevin Dietsch/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment It’s a done deal: James Murdoch‘s Lupa Systems has acquired New York magazine, the Vox Media Podcast Network and Vox. Notably, Vox Media CEO Jim Bankoff will also join New York and Vox within the new company, which will take the name Vox Media. Terms of the deal were not disclosed, but The New York Times pegged the value at more than $300 million.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hollywood Reporter.

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