Vox Media to acquire open-source publishing platform The Coral Project
Digital media company Vox Media to acquire open-source publishing platform The Coral Project, which is housed within the Mozilla Foundation. The deal between the two digital media players underscores Vox Media’s push to sell software as a service (SaaS) technology as a standalone revenue stream. It will also help The Coral Project grow faster by selling its technology to more newsrooms through Vox’s sales team. The Coral Project, which will continue to operate as an open-source platform, provides newsrooms with tools and technology to better manage their commenting sections. Vox Media will fully take over the project, which includes 50 newsrooms across 12 countries, including The Wall Street Journal, The Washington Post, New York Magazine, Australia’s Fairfax Media and others around the globe.