Valnet Acquires Gaming Website Polygon

Multiple staff members have either been let go or will no longer remain with the organization post-acquisition.

Polygon, which is devoted to the realms of gaming and entertainment, has been acquired by Valnet. This company also manages brands such as ScreenRant and GameRant. While some Polygon team members will transition smoothly under new ownership, others have been dismissed as revealed in online postings and a message shared internally at Vox Media.

Valnet's portfolio includes over 27 brands across sectors like entertainment, gaming, sports, and travel. Reports have surfaced describing working conditions at a Valnet-managed site as exceedingly demanding.

Valnet expressed that the addition of Polygon aligns perfectly with their strategic direction. Polygon will now be part of Valnet’s Gaming Collection, which features prominent publications such as Game Rant and DualShockers. This move follows their recent acquisition of FextraLife, reinforcing their dominance in the gaming media space. With Valnet's strong operational skills, Polygon is set for new levels of editorial success.

Jim Bankoff, CEO of Vox Media, remarked that this decision allows them to redirect focus and allocations to other critical areas across their suite of iconic digital brands and content production while aiding Valnet in cementing their leadership in the gaming media sector. He also noted the economic uncertainties and shifts within the gaming industry as factors leading to this sale.

Chris Plante, the previous editor-in-chief, stated, “I am no longer associated with Polygon. If you are recruiting, consider the skilled writers and editors who are now available. Each one deserves a place in your company. I will not discuss the sale further as I was not involved.”