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Vox Media and New York Media were given the green light to merge, its respective executives told staff in a memo on Wednesday.
Vox Media chairman and CEO Jim Bankoff will remain in his role while Pam Wasserstein, formerly CEO of New York Media, is now president of Vox Media and joins Vox Media’s board of directors.
“Our goal is to be the best modern media company—to publish conversation-starting journalism, to create the most relevant and entertaining programming, to serve audiences across all platforms, to innovate best-in-class publishing and advertising technology, and to foster a work environment where the brightest minds can collaborate and thrive,” Wasserstein and Bankoff said in a joint statement.