James Murdoch is buying a big chunk of Vox Media, including NY Mag. Read the memo to staffers.
Briefly

James Murdoch is buying a big chunk of Vox Media, including NY Mag. Read the memo to staffers.
"James Murdoch's company is acquiring New York magazine, the Vox Media Podcast Network, and Vox."
"Other Vox Media brands, Eater, Popsugar, SB Nation, The Dodo, and The Verge, will become a separate company."
"Read the memo Vox Media CEO Jim Bankoff shared with staff about the sale."
James Murdoch’s company is acquiring New York magazine, the Vox Media Podcast Network, and Vox. Other Vox Media brands—Eater, PopSugar, SB Nation, The Dodo, and The Verge—will become part of a separate company. The change is based on a sale arrangement described in a memo shared with staff by Vox Media CEO Jim Bankoff. The acquisition raises questions about what led to the deal and who James Murdoch is. The split also prompts questions about how the separation will affect Vox Media’s operations and brands going forward.
Read at Business Insider
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