Vox Media to merge with New York Media.

Vox Media, an independent modern media company, is merging with New York Media, the publisher of the influential New York magazine. Financial terms were not disclosed. This merger will bring together a sophisticated suite of products and platforms for modern marketers, across premium products in content, video, audio, events, commerce, print, lead generation, and display. The new Vox Media will also boast multiple, diverse revenue streams including the most scaled premium brand advertising solutions, affiliate commerce shopping, digital and print subscriptions, conferences and events, and a leading TV and audio studio. "This combination puts Vox Media in an unparalleled position to lead the media industry forward by focusing on the highest-quality offerings, most robust business models, and strongest company culture." Jim Bankoff, Vox Media Chairman and CEO.