"Versant has emerged as one of multiple suitors in talks to acquire the network of approximately 40 podcasts. Sources with knowledge of the talks told the Times that those discussions were still in early stages."
"Some companies are said to be interested in Vox Media's portfolio of websites that includes Vox.com, The Verge and Eater, while others are interested in New York magazine."
"Mark Lazarus, the company's chief executive, said earlier this month that he wanted roughly one-third of the company's revenue to come from sources besides pay-TV in the next three to five years."
Versant is reportedly negotiating to acquire Vox Media's podcast network, which consists of approximately 40 podcasts. These discussions are still in the early stages. Vox Media's portfolio, including popular websites like Vox.com and The Verge, is also attracting interest from various companies. Last year, Vox Media began exploring a sale of its podcast division, which has been a strong performer. Versant aims to diversify its revenue sources, seeking to reduce reliance on pay-TV and increase revenue from other areas.
Read at www.mediaite.com
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