The Bad PlaceThe Guardian | James Murdoch to acquire half of Vox Media in deal reportedly worth $300m by Edward Helmore in New York
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James Murdoch, the second son of media mogul Rupert Murdoch, is set to acquire half of Vox Media—including New York Magazine and its digital brands such as The Cut, Vulture, and The Strategist—in a deal valued at roughly $300 million, marking his largest acquisition since his family settled a dispute over control of their media empire. Through his firm Lupa Systems, which already owns stakes in Art Basel, Tribeca Enterprises, and Indian streaming service Bodhi Tree, Murdoch emphasized his focus on “long‑form, thoughtful journalism” and cultural platforms rather than a daily news business, aiming to empower talented creators. The transaction excludes several Vox properties (Eater, PopSugar, SB Nation, The Dodo, The Verge) but retains Vox’s popular podcast network, which reaches 58 % of U.S. adults monthly. Murdoch framed the purchase as aligning with his existing cultural investments and a commitment to ambitious journalism, while Vox’s CEO praised the split as beneficial for both entities and highlighted the Murdochs’ respect for editorial independence.
Read more: https://www.theguardian.com/media/2026/may/20/james-murdoch-vox-media-deal
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