Jay Penske's Media Takeover Takes its Next Step With a Major Investment in Vox Media,With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. The deal values Vox Media at half of what it was worth back in 2015, as many in the industry struggle with lagging advertising revenue.
Jay Penske's Media Takeover Takes its Next Step With a Major Investment in Vox Media
With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. The deal values Vox Media at half of what it was worth back in 2015, as many in the industry struggle with lagging advertising revenue.
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