{"id":237971,"date":"2026-05-20T13:37:08","date_gmt":"2026-05-20T13:37:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/237971\/"},"modified":"2026-05-20T13:37:08","modified_gmt":"2026-05-20T13:37:08","slug":"james-murdoch-seals-deal-for-new-york-magazine","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/237971\/","title":{"rendered":"James Murdoch Seals Deal for New York Magazine"},"content":{"rendered":"

\n\tIt\u2019s a done deal: James Murdoch<\/a>\u2018s Lupa Systems has acquired New York magazine, the Vox Media Podcast Network and Vox.<\/p>\n

\n\tNotably, Vox Media CEO Jim Bankoff will also join New York and Vox within the new company, which will take the name Vox Media. Terms of the deal were not disclosed, but The New York Times pegged<\/a> the value at more than $300 million.<\/p>\n

\n\tThe deal gives Murdoch control over the prominent magazine, which includes sub-brands like The Cut, Vulture, Intelligencer, The Strategist, Curbed, and Grub Street, as well as Vox.com, which originated the explainer news format, and produces popular shows like Today, Explained. The podcast networks includes shows like Pivot\u00a0with Kara Swisher and Scott Galloway,\u00a0Criminal,\u00a0and\u00a0Where Should We Begin?\u00a0with Esther Perel.<\/p>\n

\n\tMurdoch\u2019s father, Rupert Murdoch, also once owned<\/a> New York, though he sold it in 1991.<\/p>\n

\n\t\u201cThis acquisition aligns well with our existing holdings and investments and reflects both our interest in the forward edge of culture and our deep commitment to ambitious journalism and agenda-setting conversations,\u201d said Murdoch in a statement. \u201cIt will allow us to apply new tools across the businesses we are building, adding substantial production, distribution, and editorial capability to our group.\u201d<\/p>\n

\n\tEater,\u00a0Popsugar, SB Nation, The Dodo, and The Verge are not included in the transaction. it is not immediately clear what will happen with those media brands. Ryan Pauley will lead the RemainCo.<\/p>\n

\n\t\u201cI couldn\u2019t be more thrilled to partner with James and Lupa Systems. Each one of these Vox Media divisions is marked by its strong relevance with audiences, its commitment to quality, and its enormous growth potential,\u201d Bankoff said. \u201cWe are incredibly proud to have built and scaled several of the leading media properties of this generation. Together under Lupa\u2019s stewardship we are primed to be the best home for talent and the most dynamic media company of this new era.\u201d<\/p>\n

\n\tPenske Media, which owns The Hollywood Reporter, had been the largest shareholder in Vox Media.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s a done deal: James Murdoch\u2018s Lupa Systems has acquired New York magazine, the Vox Media Podcast Network…\n","protected":false},"author":2,"featured_media":237972,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[87024,9,11,10],"class_list":["post-237971","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-james-murdoch","tag-new-york","tag-new-york-headlines","tag-new-york-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/237971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=237971"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/237971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/237972"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=237971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=237971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=237971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}