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James Murdoch Buys Half of Vox Media for Over $300 Million, Including New York Magazine
The deal, valued at more than $300 million, adds major editorial and podcast assets while leaving several Vox Media properties out of the transaction.
- On Wednesday, May 20, 2026, James Murdoch's Lupa Systems acquired New York Magazine, Vox.com, and the Vox Media Podcast Network in a deal reported to exceed $300 million, forming a new subsidiary called Vox Media.
- This acquisition follows James Murdoch's 2020 resignation from the News Corp board, citing "disagreements over certain editorial content," and his founding of Lupa Systems in 2019 as a private holding company.
- The deal includes digital verticals like The Cut, Vulture, and Intelligencer, while excluding properties such as Eater and The Verge; Jim Bankoff will lead the new subsidiary as CEO.
- This investment positions James as a significant player in digital media, highlighting his divergence from his father Rupert Murdoch's conservative politics and his prior criticism of family outlets for "lying" about climate change.
- Lupa aims to apply new tools across these businesses, adding "substantial production, distribution, and editorial capability" while operating as the "most dynamic media company of this new era.
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Sydney Morning Herald+2 Reposted by 2 other sources
James Murdoch buys New York magazine, Vox podcasts for $419 million
Murdoch said the acquisition “reflects both our interest in the forward edge of culture and our deep commitment to ambitious journalism and agenda-setting conversations”.
·Sydney, Australia
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James Murdoch Buys New York Magazine and Vox Podcasts
Vox Media is splitting in two and James Murdoch, son of media mogul Rupert Murdoch, is buying the half that owns New York magazine, Vo and the Vox podcast network, Vox announced. The rest of Vox, including websites Popsugar, SB Nation, The Dodo and The Verge, will become part of a new company to be renamed and to be run by Ryan Pauley, who is currently president of Vox Media. Jim
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Total News Sources24
Leaning Left13Leaning Right0Center7Last UpdatedBias Distribution65% Left
Bias Distribution
- 65% of the sources lean Left
65% Left
L 65%
C 35%
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