James Murdoch to acquire half of Vox Media in $300M deal that includes New York Magazine, Vox.com, and Podcasts: Report

Key points

• James Murdoch is acquiring roughly half of Vox Media through his investment firm Lupa Systems, according to a report in The New York Times.
• The deal gives James Murdoch significant control over some of the most recognizable brands in digital publishing, including New York magazine and Vox Media’s podcast business.
• However, some major Vo owned digital sites such as The Verge and Eater are not part of the acquisition.
• Here’s what the deal means and why it matters.
• The acquisition marks the largest move yet by James Murdoch since stepping away from the media empire built by his father, Rupert Murdoch.