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James Murdoch to buy half of Vox Media in multimillion-dollar deal

Lupa Systems, the media and tech holding company owned by James Murdoch, is set to acquire nearly half of Vox Media.

As part of the deal, Murdoch’s company will own Vox Media’s podcast network, Vox.com and New York Magazine, once an asset of his father, industry giant Rupert Murdoch. Terms of the deal were not disclosed, but the price tag was reportedly over $300 million, the New York Times reported citing people familiar with the deal. The goal of the investment is to bring “influential journalists, top-rated podcasts, and digital brands with large social footprints” to Lupa and help grow its media portfolio, the company announced Wednesday.

“This acquisition aligns well with our existing holdings and investments and reflects both our interest in the forward edge of culture and our deep commitment to ambitious journalism and agenda-setting conversations,” Murdoch said in a statement.

The three new assets will function as a subsidiary of Lupa Systems and will keep the name Vox Media. The deal includes New York Magazine’s popular verticals like The Cut, Vulture and Intelligencer, as well as Vox’s most successful podcasts like “Today, Explained” and “Pivot with Kara Swisher and Scott Galloway.” Jim Bankoff, Vox Media’s current CEO, will continue to lead the company.

The other Vox Media properties, which Murdoch did not purchase, include websites like Eater, The Dodo and The Verge. These platforms will be run under an unnamed new company by the current president of Vox Media, Ryan Pauley.

This investment strengthens Lupa Systems’ position in the evolving media landscape. The business has other holdings including the parent company of Tribeca Film Festival, the owner of Art Basel, Robert DeNiro and Jane Rosenthal’s entertainment company Tribeca Enterprises, and Bodhi Tree Systems, an investment platform behind a popular Indian streaming service.

This is one of the largest deals Murdoch has closed since he and his family resolved a $3.3-billion dispute last year. The conflict centered on the future of the family’s media empire, which includes Fox News, The New York Post and The Wall Street Journal. In the settlement, James Murdoch received roughly $1 billion and his elder brother, Lachlan, assumed power over the family’s assets.

Before the legal blowout, Murdoch previously served as the chief executive of major global media companies like 21st Century Fox and Europe’s Sky Group.

The billionaire told the New York Times that, with this new acquisition, he didn’t want a “daily news business.” He wanted “longer-form, thoughtful journalism that can really speak to the culture.”

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Push to shield immigrant aid workers raising 1st Amendment concerns

The debate over immigration issues has reached a fever pitch nationwide, and Angelica Salas said it’s putting her employees at risk.

Salas, executive director of the Coalition for Humane Immigrant Rights, said her staff experiences harassment and death threats.

“They ask themselves, what if someone who disagrees with our work can find where I live, will my family be safe?” Salas said, addressing state lawmakers at a recent legislative hearing.”People begin to self-censor; they step away from their work and some leave the field entirely.”

Salas was speaking in support of Assembly Bill 2624, which would provide privacy protections for those facing harassment for working or volunteering with organizations that offer legal and humanitarian aid to immigrants. The bill would create an address confidentiality program, like the one already offered to reproductive healthcare workers, and prohibit people and businesses from selling or posting images or personal information about the protected individuals on the internet.

The measure has drawn ire from Republicans, who argue it could have a chilling effect on free speech and the media. Assemblymember Carl DeMaio (R-San Diego) dubbed it the “Stop Nick Shirley Act” and said it would prevent right-wing social media influencers like Shirley from conducting immigrant-related investigations in California.

Assemblymember Mia Bonta (D-Alameda), who authored the legislation, said the proposed law would help keep people safe — but several 1st Amendment experts this week told The Times the bill could have unintended consequences.

“There could be grounds for concern,” said Jason Shepard, a media law and communications professor at California State Fullerton. “It reflects a legitimate and important state interest in protecting people from harassment and threats. But at the same time, this bill punishes the publication of information.”

The legislation defines “personal information” as anything that identifies, describes or relates to the protected individuals, including their names, addresses, telephone numbers, physical descriptions, driver’s licenses, financial information, license plate numbers and places of employment.

Shepard said the potential new law could be applied unevenly, and the language could have a chilling effect on investigative journalism.

Given the polarized political environment, Shepard said the legislation also could prompt other groups to request similar protections, as those working in a range of professions are facing increasingly heated rhetoric or attacks.

“This is not unique to people who are working in immigration support services; this really could apply to anybody engaged in public debate today,” he said.

Carolyn Iodice, the policy director for the Foundation for Individual Rights and Expression, known as FIRE, said the organization has noted an uptick in laws nationwide implementing privacy protections for those in certain professions.

She pointed to a statute enacted a few years ago in New Jersey that protects the addresses of judges, prosecutors and police officers. The law was used in 2023 to block an editor with New Brunswick Today from publishing an article about the police chief living two hours outside of the city.

“It was obviously newsworthy, but this officer was able to wield the law against this journalist, and that is the kind of thing we are worried about,” Iodice said. “When you think about handing what could be a huge number of people the ability to just block anything from being posted about them online — it could easily be abused.”

David Loy, the legal director for the nonpartisan First Amendment Coalition, said the measure would censor the free speech of all citizens, not just those who defamed or threatened immigrant aid workers.

“Someone might have a legitimate dispute with them and wants to refer to it online,” he said. “But they could then basically silence [that person] from referring to them on a Yelp review or Facebook posts that has nothing to do with threatening them — and that is going way beyond the narrow exceptions of the 1st Amendment.”

Loy said the coalition reached out to Bonta’s office and hopes to help tweak the bill.

Meanwhile, the legislation continues to face scrutiny from Republicans.

“We exposed CA Democrats for the ‘Stop Nick Shirley’ Act that silences citizen journalists who expose their fraud and corruption,” DiMaio wrote this week on social media.

Shirley released a viral video last year alleging fraud in Somali-run immigrant daycare centers in Minneapolis. He recently shared videos of himself in Sacramento confronting Democrats who support Bonta’s bill.

“The enemy is truly within,” Shirley wrote on Instagram. “When our politicians would rather protect fraudsters and illegal migrants, it’s time for us to stand up or face mass oppression from the traitors.”

Bonta dismissed the assertion that the bill is intended to deter journalists, stating in a news release that “right-wing agitators” and “ineffective legislators” were intentionally spreading misinformation.

Bonta spokesperson Daniel McGreevy said the bill has a straightforward goal of protecting immigrant service providers. He said the office is working to refine the legislation to address concerns and welcomes good-faith dialogue.

The bill is progressing through the state Legislature and most recently was referred to the Assembly Appropriations Committee.

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