Promising a commitment to "ambitious journalism and agenda-setting conversations," the 53-year-old younger son of Rupert Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand.

James Murdoch's media company is buying half of Vox Media, a purchase that will include New York magazine, Vox’s digital site and Vox Media Podcast Network, Vox Media announced on Wednesday.  James Murdoch is the son of conservative media mogul Rupert Murdoch, whose companies, including News Corporation, have owned hundreds of media organizations around the...