Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
Post image 13
Post image 14
1 / 14
0

James Murdoch Near Deal To Acquire New York Magazine And Podcast Assets From Vox Media

Deadline·Dade Hayes·28 days ago
#Xjsbe7Q5
Reading 0:00
15s threshold

James Murdoch ‘s Lupa Systems is in advanced talks to acquire New York magazine and podcast assets from Vox Media . Despite the struggles of traditional print publishers, New York has remained viable in large part due to its successful digital forays, including offshoots like The Cut and Vulture. Vox acquired it in 2019 in a deal valuing the magazine at $105 million. The Wall Street Journal first reported on the negotiations, which were confirmed to Deadline by a person familiar with the discussions. Along with New York and podcasts such as Pivot , co-hosted by Kara Swisher and Scott Galloway, Vox’s portfolio includes The Verge, Eater and SB Nation. After departing as CEO of 21st Century Fox upon the sale of most of the company to Disney in 2019, Murdoch established Lupa as an investment firm. It has subsequently acquired stakes in Tribeca Festival parent Tribeca Enterprises and the MCH Group, which runs Art Basel. Kathryn Hufschmid, Murdoch’s wife, has also invested in digital outlet The Bulwark.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More