Vox Media, Group Nine to merge
Vox Media, which owns New York Magazine, Vox.com, Eater, The Verge and SB Nation and Group Nine have signed a deal to merge, which is expected to close in early 2022. Financial details were not disclosed. Under the deal, Vox Media CEO Jim Bankoff will run the merged company, with Vox shareholders owning roughly 75 percent […]
Group 9 Media acquires PopSugar
This week marks another massive media merger. Group 9 Media announced that it acquired PopSugar, a multimedia entity that started in 2006 by the husband-and-wife team Brian and Lisa Sugar. Mr. Sugar said in a statement that joining forces with Group Nine allowed his digital brand “to build a scalable business model that sets the […]