Vox Media

“Vox Media's full dissolution — selling its podcast/magazine assets to James Murdoch and digital brands to Penske Media”

“This is the end of Vox, which once was at the vanguard of new media and valued by VCs at $1.2 billion... Vox raised around $450 million since its 2003 founding, including a $200 million Series G round in 2015 at the $1.2 billion post-money valuation.”

“Lupa Systems, controlled by James Murdoch, agreed to buy New York magazine and a podcast network from VC-backed Vox Media for around $300m.”