Vox Media Acquires New York Media, Owner of New York Magazine, The Cut in New Media Vision

Jim Bankoff of Vox Media and Pamela Wasserstein of New York Media on Tuesday. Todd Heisler/The New York Times

On Tuesday, Vox Media agreed to acquire New York Media, owner of New York Magazine , one of the city’s premiere chroniclers of “highbrow, lowbrow, brilliant and despicable characters” writes the New York Times.

Neither company would discuss the valuation of the all-stock deal, that also included New York Magazine’s five online properties including The Cut — devoted to style, self, culture and power. The Wall Street Journal estimates the deal valuation of New York Media of about $105 million and Vox Media at about $750 million

While consolidations in the media industry typically mean cutting costs at the expense of quality journalism, Vox and New York said their combination was something different. They are bringing together a much-decorated print magazine, websites, a podcast empire and several streaming television deals — the very model, they hope, of a modern media company.

“No one had to do this,” Pamela Wasserstein, the chief executive of New York Media, said on Tuesday. “It’s a brilliant, in our view, opportunity, so that’s why we leaned into it. It’s not out of need. It’s out of ambition.”

NBC Today Show's Hoda Kotb Shares Easter Photo Of New Baby Hope, Daughter Haley + Joel Schiffman

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NBC Today Show's Hoda Kotb Shares Easter Photo Of New Baby Hope, Daughter Haley + Joel Schiffman

‘Today’ show co-anchor Hoda Kotb brought a flood of smiles and tears to the show set last week, calling in live with news that she and partner Wall Street financier Joel Schiffman have welcomed a second child named Hope Catherine Kotb.

Kenya's Dorothy Ghettuba, CEO of Spielworks Media, Joins Netflix Originals Group

Kenya's Dorothy Ghettuba, CEO of Spielworks Media, Joins Netflix Originals Group

Kenya's Dorothy Ghettuba, CEO of Spielworks Media, Joins Netflix Originals Group

The popular video streaming service Netflix has hired Kenyan award-winning film maker TV series producer Dorothy Ghettuba to commission more African content. The TV entrepreneur is a co-founder and current CEO of the Nairobi-based Spielworks Media, an African production company launched in 2009.

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Megyn Kelly's 'Blackface' Comments Leave Her NBC News Future Very Cloudy

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Megyn Kelly's 'Blackface' Comments Leave Her NBC News Future Very Cloudy

I missed this Megyn Kelly 'blackface' stupidity from Tuesday. The NBC face been on thin ice anyway, as Kelly's ratings have not been great. Her audience is 35% or more people -- largely women -- of color.

She still hasn't recovered from her run-in with Jane Fonda, choosing to ask Fonda about plastic surgery rather than her activism, which was the scheduled topic. Fonda abruptly ended the interview.

So Megyn Kelly, who already has a track record over objecting to black Santas, wonders out loud -- in the midst of this Trump crisis -- why whites can't wear blackface on Halloween. If the woman wanted to get her contract cancelled, she just delivered her own knock-out punch.

Kelly’s off the air Thursday and everything is up in the air at NBC. Rumors are intense that her departure is in negotiations. Given the outrage among her own colleagues over her ‘blackface’ remarks, it’s difficult to understand how Megyn Kelly can survive.

What was she thinking!!! Just last night I wrote a terse pushback over Instagram and Twitter outrage that Kendall Jenner was wearing frizzy curls in a photoshoot. Generally I feel that our culture has become way too politically correct. However, blackface??? Are you out of your mind Megyn Kelly? Because I refuse to buy the dumb blonde moniker, being one myself.

Christiane Amanpour Will Replace Charlie Rose Late Night In Joint PBS WNET/CNN Production

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Christiane Amanpour will permanently replace Charlie Rose's 11 pm late-night talk program on PBS stations. 

Amanpour’s new hour-long show, called “Amanpour & Company,” will debut in July. It’s an expansion of her current half-hour CNN International program “Amanpour” that has aired on PBS since Rose was fired amid sexual harassment allegations.

The new show, a production of CNN and PBS station WNET, will continue to air on CNN International. PBS says the show will “feature wide-ranging, in-depth conversations with global thought leaders and cultural influencers on the issues and trends impacting the world each day, from politics, business and technology to arts, science and sports.”

Writes New York Magazine, the show will be hosted primarily from Amanpour's home in London and will feature four regular contributors: Michel Martin, weekend host of NPR’s “All Things Considered”; Walter Isaacson, CEO of the Aspen Institute; Alicia Menendez, host of the 'Latina to Latina' podcast and contributing editor at Bustle; and Hari Sreenivasan, anchor of PBS NewsHour Weekend.

“I’m delighted to expand my role at PBS from interim to permanent along with this remarkable diversity of voices and views,” Amanpour told CNN. “Never has the time for exploring our world and America’s place in it been so urgent.”

Confusion Abounds In Joy Reid's Alleged Homophobic Comments & FBI Investigation Into Her Blog Hack

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Confusion Abounds In Joy Reid's Alleged Homophobic Comments & FBI Investigation Into Her Blog Hack

MSNBC host Joy Reid is again embroiled in controversy with Twitter user @Jamie_Maz about several homophobic posts a decade or more old from her now defunct blog, the Reid Report. When @Jamie_Maz first called Reid out in December 2017, she apologized for certain posts that were mild on the hot sauce menu, but clearly embarrassing given Reid's current success as a first-rate, informed and articulate progressive TV personality.

This example of an alleged Joy Reid comment, tweeted by @Jamie_Maz gets to a fundamental argument between in the 2016 Democratic primary. While he is vague about when the statement was written, this opinion attributed to Reid remains an argument today, even though Democrats are chilled out and fully committed to gay rights, gay marriage, gays in the military and all other gay rights. Today the argument continues around purity test topics like abortion and gun control.