James Murdoch is buying a big chunk of Vox Media, including NY Mag. Read the memo to staffers.

Source: Business Insider

James Murdoch, right, is acquiring a big chunk of Vox Media, led by Jim Bankoff, left. Getty ImagesJames Murdoch's company is acquiring New York magazine, the Vox Media Podcast Network, and Vox. The other Vox Media brands will become a separate company.