Penske Media Corporation Acquires Vox Media, Home of Eater, The Verge, and More

Penske Media Corporation has acquired Vox Media, merging brands such as The Verge, Eater, SB Nation, and PopSugar into a new subsidiary named PMX. This entity combines these titles with PMC properties like Rolling Stone, Billboard, and Variety. Former Vox Media president Ryan Pauley will oversee PMX, which now manages the combined publishing portfolio. The acquisition ensures that all PMC and Vox publishing brands operate under this new subsidiary to streamline their collective media operations.