Murdoch’s Vox Vision
This past weekend, Vox Media chief executive Jim Bankoff convened with the company’s board to discuss the future of the digital media publisher. Vox, which is behind titles such as New York Magazine, Vox, Eater, SB Nation, and The Verge, also operates a podcasting business best known for hit shows like the Kara Swisher and Scott Galloway-hosted “Pivot.” Over Zoom, I’m told, Bankoff and the board discussed a number of suitors interested in acquiring the company’s podcasting network and some of its other assets.
Parties included Versant Media and James Murdoch. But Status has learned another serious party interested in some of the assets was…
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.