Vox Media, the privately held firm that owns outlets such as New York magazine, The Verge and Eater, saw revenue fall roughly 15% in 2023, dragged down by weaker ad sales, according to people familiar with the matter.
Similarly, Bustle Digital Group experienced a 15% decline in 2023 due to weaker ad sales and fewer marketing dollars from entertainment companies during the Hollywood strikes, said another person familiar with the matter.
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