{"id":289335,"date":"2026-07-07T17:12:09","date_gmt":"2026-07-07T17:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/289335\/"},"modified":"2026-07-07T17:12:09","modified_gmt":"2026-07-07T17:12:09","slug":"ftc-greenlights-james-murdochs-vox-new-york-magazine-acquisition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/289335\/","title":{"rendered":"FTC Greenlights James Murdoch&#8217;s Vox, New York Magazine Acquisition"},"content":{"rendered":"<p>The Federal Trade Commission has greenlit James Murdoch\u2019s over $300 million purchase of roughly half of Vox Media, per a <a href=\"https:\/\/www.ftc.gov\/legal-library\/browse\/early-termination-notices\/20261588\" rel=\"nofollow noopener\" target=\"_blank\">new early termination notice on the regulator\u2019s website.<\/a> The move clears the regulatory hurdle of a required waiting period under the Hart-Scott-Rodino Act, which typically lasts 30 days for most transactions.<\/p>\n<p>The deal, which was made through Murdoch\u2019s investment company Lupa Systems, includes Vox\u2019s sprawling podcast network, Vox.com and New York Magazine. The purchase will see the network\u2019s roughly 40 podcasts, including Kara Swisher and Scott Galloway\u2019s \u201cPivot\u201d\u00a0and its explainer series \u201cToday, Explained,\u201d sit alongside Lupa Systems\u2019\u00a0holdings such as Art Basel and Tribeca Enterprises, which produces the Tribeca Film Festival. Vox Media CEO Jim Bankoff will remain the portfolio\u2019s leader once the acquisition closes.<\/p>\n<p>Representatives for Vox declined to comment, while Murdoch\u2019s Lupa Systems and the FTC did not immediately return TheWrap\u2019s request for comment. <\/p>\n<p>\t\t<a class=\"the-wrap-read-more__image\" href=\"https:\/\/www.thewrap.com\/industry-news\/business\/james-murdoch-vox-media-purchase-new-york-magazine\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/07\/GettyImages-1324224731-1.jpg\" class=\"attachment-medium size-medium\" alt=\"James Murdoch\"   data-portal-copyright=\"TheWrap\" data-has-syndication-rights=\"1\"\/>\t\t\t\t\t<\/a><\/p>\n<p>Murdoch\u2019s acquisition \u2014 roughly 50 years after his father, conservative media titan Rupert Murdoch, first purchased New York magazine before selling it in 1991 \u2014 helps cap the last decade\u2019s rise and fall of <a href=\"https:\/\/www.axios.com\/2026\/05\/19\/buzzfeed-media-fire-sales\" rel=\"nofollow noopener\" target=\"_blank\">high-value digital media outlets<\/a>, many of which reached valuations of $1 billion or more before selling years later.<\/p>\n<p>G\/O Media collected outlets such as Gizmodo, the Root and the Onion, but\u00a0<a href=\"https:\/\/www.thewrap.com\/ashley-allison-acquires-the-root-ends-go-media\/\" rel=\"nofollow noopener\" target=\"_blank\">sold them off<\/a>\u00a0over the last several years. Allen Media Group founder Byron Allen also\u00a0<a href=\"https:\/\/www.thewrap.com\/industry-news\/business\/byron-allen-buzzfeed-deal-starz-takeover-interview\/\" rel=\"nofollow noopener\" target=\"_blank\">purchased<\/a>\u00a0a controlling stake in BuzzFeed for $120 million, down from its $1.7 billion peak valuation in 2016. <\/p>\n<p>Meanwhile, the remainder of Vox\u2019s brands, which includes Eater, The Verge, SB Nation, Popsugar, The Dodo, Punch\u00a0and\u00a0Thrillist will be acquired by Penske Media Corporation. Financial details of Penske\u2019s deal were not made public.<\/p>\n<p>\t\t<a class=\"the-wrap-read-more__image\" href=\"https:\/\/www.thewrap.com\/industry-news\/business\/penske-media-corp-acquires-vox-media-digital-brands\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/07\/jay-penske.jpg\" class=\"attachment-medium size-medium\" alt=\"jay-penske\"   data-portal-copyright=\"TheWrap\" data-has-syndication-rights=\"1\"\/>\t\t\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Federal Trade Commission has greenlit James Murdoch\u2019s over $300 million purchase of roughly half of Vox Media,&hellip;\n","protected":false},"author":2,"featured_media":289336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4331,87024,87087,9,11,2409,10,110604],"class_list":["post-289335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-federal-trade-commission","tag-james-murdoch","tag-lupa-systems","tag-new-york","tag-new-york-headlines","tag-new-york-magazine","tag-new-york-news","tag-vox"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289335","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=289335"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/289336"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=289335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=289335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=289335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}