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The Guardian - US
The Guardian - US
Business
Edward Helmore in New York

James Murdoch to acquire half of Vox Media in deal reportedly worth $300m

James Murdoch Vox Media Vox Kathryn Murdoch Lachlan Murdoch Rupert Murdoch
a man looks off to the side
James Murdoch, founder and chief executive officer of Lupa Systems, departs court in San Francisco, California, on 1 February 2023. Photograph: Bloomberg/Getty Images

James Murdoch, second son of publishing giant Rupert Murdoch, has agreed to acquire some of Vox Media’s assets, including New York Magazine, in a deal believed to be worth about $300m.

The 53-year-old publishing scion is acquiring the assets through his company, Lupa Systems, which has built up holdings in Art Basel, the traveling art fair business, and Tribeca Enterprises, the media and entertainment company co-founded by Robert De Niro, and Bodhi Tree Systems, a strategic investment platform that is a major stakeholder of India’s largest media and entertainment company, JioStar.

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