James Murdoch Agrees to Buy New York Magazine, Vox Podcasts (2)

James Murdoch has agreed to buy a significant chunk of Vox Media, marking a major expansion into US media for the youngest son of Australian media mogul Rupert Murdoch.

In the deal announced Wednesday, Murdoch’s Lupa Systems, a media and technology holding company, will acquire Vox’s podcast network and New York magazine, a publication once owned by Murdoch senior. Other properties owned by Vox Media, including technology website the Verge and lifestyle publication Popsugar, aren’t included in the deal.

James Murdoch

Photographer: David Paul Morris/Bloomberg

Financial terms weren’t disclosed. Bloomberg has previously reported that Murdoch offered $300 million for the properties, which include ...