Polygon, The Verge’s sister site focused on gaming and entertainment, has been sold to Valnet, a company behind brands like ScreenRant and Android Police. Some staff members will remain with the publication, while others have been let go due to the acquisition.
Valnet, which owns 27 different brands covering topics such as gaming, sports, and travel, acquired Polygon in an effort to expand its presence in the gaming media landscape. The company cited this move as part of its long-term growth strategy, aiming to integrate Polygon’s editorial team with its own publications, including Game Rant, TheGamer, Fextralife, OpenCritic, DualShockers, and HardcoreGamer.
The sale comes amid uncertain economic conditions and changes in the gaming industry. Vox Media CEO Jim Bankoff stated that the acquisition will allow him to focus on other areas of growth within his portfolio of digital publications and audio/video programming. Former Polygon editor-in-chief Chris Plante has also left the publication, but not before expressing support for other former staff members who may be seeking new opportunities.
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Source: https://www.theverge.com/news/659575/polygon-vox-media-sold-valnet-gamerant