Vox buys the storied New York Magazine

ABC News Finance 2 months ago

Vox Media, an online publisher, is buying the owner of New York Magazine, a half-century old publication chronicling the city's culture and events.

The companies did not state a price Tuesday evening. They say the editorial brands will remain distinct and The New York Times reports the merger will not result in newsroom layoffs .

Vox owns seven sites, including tech blogs The Verge and Recode, food site Eater and Vox.com, which made the online "explainer" style famous. It makes podcasts and TV shows. New York Media has its print magazine and five websites that cover pop culture and food.

Falling subscriptions in the digital age have forced a number of deals in recent years. Vox and New York, however, say they are both strong and combining will help them grow.

Source link
Read also:
CNN › 2 months ago
Vox Media, owner of sites including Vox and The Verge, has added a new element to its publication portfolio: New York magazine.
Business Insider › Finance › 2 months ago
Vox Media has agreed to acquire New York Media, the company behind New York Magazine and its digital publications, on Tuesday. The New York Times announced that the deal is an all-stock transaction; the total value of the deal is unknown. New York...
CNN › 2 months ago
Tuesday night, employees at Vox Media and New York Media learned about their merger along with the rest of the media industry — by reading about it in the New York Times.
The New York Times › Finance › 2 months ago
After more than 50 years and 44 National Magazine Awards, New York finds a home with a digital-media powerhouse.
New York Post › Politics › 2 months ago
The Spectator, a British political and humor magazine, became the latest London-based magazine to make a new push into the American market with a US edition that debuted last week with Meghan Markle on the cover. The magazine itself has been around for...
Newsweek › Lifestyle › 1 week ago
One of New York's most storied landmarks, the Chelsea was once home to such cultural icons as Arthur Miller, Jackson Pollock, Janis Joplin, Patti Smith and Andy Warhol.
CNBC › Entertainment › 1 month ago
Critical Role and Amazon announced the streaming service would be the exclusive home for the upcoming "The Legend of Vox Machina" animated series.
Forbes › 1 month ago
The election results have deepened the political blockade in Spain and the only clear winner is the far-right party Vox, which has become the third force in the Spanish Congress.
Sputnik International › Opinions › 1 month ago
MOSCOW (Sputnik) - With Spain's Vox party storming into the top parliamentary triad following the snap election in the country, it is all about winning now, no matter what further course of action the frontrunners, the Socialist Workers' Party (PSOE)...
The Boston Globe › 1 month ago
Early results in Spain’s national election show the ruling Socialists leading the count and the far-right Vox party surging, as Spain’s political divide widens between left and right, further exacerbating the country’s political deadlock.
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google