Cox said Monday that it plans to push the online news provider into new markets while broadening its coverage “into more cities, covering more national topics and more premium niches for professionals.”, Axios used its trademark “Why it matters:" section to explain the companies' motives behind the acquisition.
Many digital-first media companies are faltering financially. Buzzfeed, which went public in late 2021, hasto high-profile news staffers on its investigations, inequality, politics and science teams, as it focuses more on big breaking news and light-hearted content in an effort to become profitable. Vox Media, meanwhile, recently laid off 39 people, according to multiple media reports.
Relevance to Canada?
Cocks
Was it for the X synergy?
Both jokes
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