{"id":1245,"date":"2020-04-10T12:37:39","date_gmt":"2020-04-10T12:37:39","guid":{"rendered":"http:\/\/demo6.aiwalls.com\/ipapps\/?p=1245"},"modified":"2020-04-10T12:37:39","modified_gmt":"2020-04-10T12:37:39","slug":"vox-media-and-owner-of-new-york-magazine-to-merge","status":"publish","type":"post","link":"https:\/\/www.txd9.com\/?p=1245","title":{"rendered":"Vox Media and owner of &#039;New York&#039; magazine to merge"},"content":{"rendered":"<p>            <img decoding=\"async\" src=\"http:\/\/pic1.tadke.com\/imgs\/tech2lims\/0409\/hpicq2niz2k.jpg\" alt=\"Launched in 1968 'New York' magazine has\u00a0become a prominent voice in culture and lifestyle in its home city and beyond\"><figcaption class=\"text-darken text-low-up text-truncate-js mt-3\">\n                Launched in 1968 &#8216;New York&#8217; magazine has\u00a0become a prominent voice in culture and lifestyle in its home city and beyond<br \/>\n            <\/figcaption><p>Vox Media announced a merger agreement Tuesday with New York Media, home of the prestigious &#8220;New York&#8221; magazine and a series of other titles.<\/p>\n<p>        <!-- \/4988204\/TechX_Story_InText_Box --><\/p>\n<p>A joint statement presented the move as a merger, although Jim Bankoff, the head of Vox will &#8220;lead all aspects&#8221; of the new company and the <i>New York Times<\/i> reported that New York Media would be &#8220;effectively taking a minority stake&#8221; in Vox. <\/p>\n<p>Launched in 1968 New York magazine has become a prominent voice in culture and lifestyle writing in its home city and beyond, winning dozens of National Magazine Awards and a Pulitzer in 2018 for criticism.<\/p>\n<p>The 1977 classic film &#8220;Saturday Night Fever&#8221; was inspired by an article that appeared in the magazine, as was 2007&#8217;s &#8220;American Gangster&#8221; starring Denzel Washington.<\/p>\n<p>New York Media also owns a stable of websites on style (The Cut), food (Grub Street) and pop culture (Vulture).<\/p>\n<p>The company was running at a loss before the announcement, according to the New York Times.<\/p>\n<p>Vox Media, a child of the internet, was founded in 2005 originally as a network of sports websites.  <\/p>\n<p>In recent years Vox and New York Media have sought to diversify, into podcasts, video production and event organizing.<\/p>\n<p>The merger comes as many online-only players like Buzzfeed, Vice and HuffPost also look to partnerships with rivals after seeing advertising revenues decimated by Facebook and Google.<\/p>\n<p>The joint statement said the deal was expected to be finalised in the fall.<\/p>\n<hr>\n","protected":false},"excerpt":{"rendered":"<p>Launched in 1968 &#8216;New York&#8217; magazine has\u00a0become a prominent voice in culture and lifestyle in its home city and beyond Vox Media announced a merger<\/p>\n","protected":false},"author":1,"featured_media":1246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[137,998,80,999,997],"class_list":["post-1245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-media","tag-owner","tag-tech","tag-vox","tag-york"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/posts\/1245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.txd9.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1245"}],"version-history":[{"count":0,"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/posts\/1245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.txd9.com\/index.php?rest_route=\/wp\/v2\/media\/1246"}],"wp:attachment":[{"href":"https:\/\/www.txd9.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.txd9.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.txd9.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}