Topic
media-acquisitions
3 stories related to this topic, newest first.
finance36 days ago
Lupa Systems in Talks to Acquire New York Magazine and Vox Media Podcast Network
James Murdoch's investment firm Lupa Systems is in late-stage talks to buy New York Magazine and the Vox Media podcast network for $300 million or more. The proposed deal would add to Lupa's existing holdings in Tribeca Festival and Art Basel.
whatstrending.combusiness39 days ago
Byron Allen Acquires Majority Stake in BuzzFeed, Targets Starz
Byron Allen has purchased a majority stake in BuzzFeed for $20 million in cash plus $100 million due in five years. The acquisition adds BuzzFeed and HuffPost to Allen Media Group, which includes Local Now, The Weather Channel and TheGrio. Allen told The Hollywood Reporter that h…
Eirik Solheim from Oslo, Norway / Wikimedia (CC BY-SA 2.0)world47 days agoUpdated
James Murdoch's Lupa Systems in Advanced Talks to Buy New York Magazine and Vox Podcasts
James Murdoch's investment company is negotiating a deal valued at $300 million or more for Vox Media assets. The talks involve New York Magazine and Vox's podcast network, which generates over $80 million in revenue. This would return New York Magazine to the Murdoch family afte…
DA