James Murdoch buys major Vox Media assets (opens in new tab)

James Murdoch’s Lupa Systems agreed to acquire about half of Vox Media, including New York magazine, Vox.com and the Vox Media Podcast Network, in a deal valued at more than $300 million, according to The New York Times and other reports on the transaction. The transaction gives Murdoch control of a magazine with a long print and digital history, the Vox editorial brand and a major podcast unit. Vox Media will put the rest of its business into a second independent company under a new name, le...