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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Media scion James Murdoch strikes deal to purchase New York magazine and Vox
Promising a commitment to "ambitious journalism and agenda-setting conversations," the 53-year-old younger son of Rupert Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand.
The youngest son of the most powerful entrepreneur in the media has long been en route with his father, and now he has made a big purchase in the industry
James Murdoch strikes deal for New York Magazine and Vox Media
Promising a commitment to "ambitious journalism and agenda-setting conversations," media scion James Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand.
James Murdoch to buy New York Magazine and Vox podcasts in $300 million deal
James Murdoch's Lupa Systems is acquiring New York Magazine, Vox's podcast network and Vo for more than $300 million. The deal adds a major magazine brand and sought-after podcast talent to his growing media portfolio.
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