Jim Bankoff reports Digital CEO Jim Bankoff

Vox Media, Group Nine Are in Advanced Merger Talks

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variety.com

Todd Spangler NY Digital EditorVox Media and Group Nine Media are in advanced discussions to merge, in a deal that would give Vox Media a 75% ownership stake in the combined company — and create one of the industry’s largest pure-play digital media players.The talks between Vox Media and Group Nine were first reported by the Wall Street Journal, which the companies later confirmed.Vox Media CEO Jim Bankoff would become chief executive of the combined entity. “Due to a leak, this news is breaking prematurely,” Bankoff wrote in a memo Monday to staff after the Journal story was published.

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