Vox Media Buys New York Magazine and Related Media Assets
In the ever-changing world of publishing, a new deal emerges as Vox Media agrees to acquire New York Media, the owner of the biweekly New York Magazine and related media assets – The Cut, Grub Street, Intelligencer, The Strategist and Vulture. Pamela Wasserstein, CEO of New York Media, has been looking for a buyer for the last year, reports The New York Times. She began talks with Vox this summer. Wasserstein will remain with the company, serving as president of Vox Media and as a member of the Vox Media board.
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