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Comcast in Talks to Acquire Vox Media, The Verge

With Comcast's attempt to acquire Time Warner Cable blocked by regulators, the company will likely be looking to a series of smaller acquisitions to get its M&A fix. The cable giant is apparently in on again, off again talks to acquire Vox Media, which owns a number of websites including popular tech outlet The Verge.

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The talks have stalled occasionally due to asking price, but recently warmed up again:
quote:
Comcast has been engaged in halting negotiations to acquire Vox Media, according to several people close to the talks. The sticking point, as always, is price, with Vox Media seeking a valuation close to $1 billion. Negotiations fell apart when it became clear Comcast didn’t want to pay that much, but the two sides have talked again recently.
Vox this week acquired tech outlet ReCode for an undisclosed sum. That deal was apparently encouraged by Comcast, which is an investor in both ReCode and Vox already. Should the deal go through, it should be interesting to see if The Verge's sharp editorial tone toward Comcast shifts.

Most recommended from 19 comments



telcodad
MVM
join:2011-09-16
Lincroft, NJ

1 edit

3 recommendations

telcodad

MVM

Editorial Influence?

quote:
Should the deal go through, it should be interesting to see if The Verge's editorial tone toward Comcast shifts.
Yeah, it's not like we've never seen that happen before, huh?
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moonpuppy (banned)
join:2000-08-21
Glen Burnie, MD

2 recommendations

moonpuppy (banned)

Member

Vox Media?

OMG, those idiots can't get anything right. They constantly screw up images, maps, stats, etc. No way they are worth anything.