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Vox Media Sells Polygon to Valnet, Triggering Mass Layoffs and Union Backlash

The sale leaves Polygon with a drastically reduced staff and sparks criticism from the Writers Guild of America East as contract negotiations with Vox Media continue.

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Overview

  • Vox Media sold its gaming publication Polygon to Valnet, marking its exit from the gaming media sector.
  • The sale resulted in widespread layoffs, including Polygon co-founder Chris Plante and other key staff members.
  • The Writers Guild of America East criticized the layoffs as the fifth workforce reduction at Vox Media in six months, calling the move 'short-sighted' and 'self-defeating.'
  • Valnet has pledged to invest in Polygon as part of its gaming portfolio but faces scrutiny over alleged exploitative labor practices and ongoing litigation.
  • Polygon now operates with a skeleton team of about ten staff under interim leadership, as Vox Media remains in contentious union contract negotiations.