Source: Persuasion
by Harry Cheadle
“I don’t know if anyone but me noticed, but digital media died last month. In mid-May, a media mogul named Byron Allen bought a majority stake in BuzzFeed, which has been culturally invisible and financially struggling since shutting down its news division in 2023 and pivoting to AI content. Just weeks later, Vox Media, a collection of brands including New York Magazine, sold its more valuable properties to Lupa Systems CEO James Murdoch, the younger son of Rupert Murdoch. Companies like Vice and Vox were hailed as the future of media in the 2010s, standard-bearers of a new generation of youth-focused, internet-savvy publications that would take over from the New York Times and CNN.” (06/05/26)
https://www.persuasion.community/p/a-requiem-for-the-digital-media-era