Overview
- Vox Media confirmed the sale of its gaming-focused publication Polygon to Valnet, a digital media company known for sites like GameRant and TheGamer.
- The acquisition has led to significant layoffs, with the majority of Polygon's editorial staff, including co-founder and editor-in-chief Chris Plante, departing the outlet.
- Valnet plans to integrate Polygon into its existing gaming portfolio, which includes several prominent gaming and entertainment websites.
- Vox Media stated the sale allows the company to reallocate resources to other strategic growth areas, citing economic pressures and industry shifts.
- Criticism has emerged regarding Valnet's labor practices, with concerns about exploitative conditions raised by former contributors to its other properties.