Nate Nickolai
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Vox Media Acquires New York Magazine

Vox Media Acquires New York Magazine

Vox Media is taking over New York Magazine and its related sites such as Vulture. According to the New York Times, Vox Media agreed Tuesday to acquire New York Media, the company which oversees the print magazine, in an all-stock transaction. Neither company confirmed the deal’s price tag. “No one had to do this,” Pamela Wasserstein, the chief executive of New York Media, told the Times. “It’s a brilliant, in our view, opportunity, so that’s why we leaned into it. It’s not out of need. It’s out of ambition.” Jim Bankoff, Vox Media’s chief executive and chairman, also confirmed that the...

September 25, 2019
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