Lupa Systems holds talks to acquire major parts of Vox Media
Updated
Updated · The New York Times · May 5
Lupa Systems holds talks to acquire major parts of Vox Media
11 articles · Updated · The New York Times · May 5
The discussions cover New York magazine and Vox Media’s podcast network, with other bidders including Versant also in the process, according to people familiar with the matter.
Vox Media has spent months weighing options including a full or partial sale, fresh investment or no deal, as one of the last large privately owned digital publishers.
An agreement would mark James Murdoch’s first major US news ownership move and expand Lupa beyond stakes in Tribeca Enterprises and media investments through Bodhi Tree Systems.
Can James Murdoch's high-stakes bid create a sustainable model for the digital media industry?
What is more valuable today: a legacy magazine brand or a chart-topping podcast network?