“On Tuesday, Vox Media agreed to acquire New York Media, the company behind the biweekly print magazine and five popular online offshoots, in an all-stock transaction. … 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.” Said New York Media’s CEO, “It’s not out of need. It’s out of ambition.” – The New York Times