Recode is reporting that Apple will pay $1.25 billion to buy video content company Vox Media.
Vox Media is a well-known video production company that also publishes popular podcasts.
Vox has made money by producing high-quality content for television, including The Talking Dead, Mad Men, and Game of Thrones.
Vox recently began to publish content on YouTube.
Vox will continue to produce content, but will be able to use the company’s technology to produce more content in-house.
The deal is worth $250 million.
The company’s current business model involves distributing videos to its own members, who then sell them on to their customers.
Vox’s current revenue is roughly $2.5 million per month.
Vox is based in Austin, Texas, and is part of a larger company called Video Music Group.
Vox also has a YouTube channel, Vox Media, that is produced by Vox Media’s own members.
Vox currently operates a video production studio in New York, but Vox Media members have also worked on projects for Google and Facebook.
Vox had $2 billion in revenue last year, and the deal is expected to create a $50 million boost in the company.
Vox operates a “digital publishing platform,” according to Recode, that allows users to create video content that they then sell on YouTube, Apple, and other platforms.
Vox plans to continue to sell video content on its own platform, and Vox Media will continue making money through its own content production.
Vox already sells videos on YouTube to its members.
Apple recently acquired Video Music in a deal worth $100 million.
Vox does not own any of Vox Media and has not announced plans to do so.
Vox and Apple have been in talks about making a larger deal for the past few months, but it has not yet materialized.
The new deal may help the companies to continue expanding Vox Media while keeping Vox members employed.
Vox members currently make about $3,000 per month and have a monthly average pay of $1,500.
The Vox Media business model is similar to that of other video producers.
Vox can sell video to its member videos, which are then sold to Apple, Apple’s App Store, and Google Play.
Vox employees also can sell their videos to Apple’s iTunes Store and other Apple-owned stores.
Vox says its members earn $10 per video on average, which is lower than other video companies, but still higher than most other content providers.
Vox doesn’t disclose how much money it makes from video content, nor does it say how many videos it has.
Vox isn’t the only company that makes money from videos.
Other video creators have begun to use Vox Media to make money.
In January, the YouTube channel behind Mad Men creator Matthew Weiner also acquired Vox Media for $100,000.
Vox Music Group, which operates Mad Men’s Mad Men podcast, is also part of Vox’s deal with Apple.
Vox did not immediately respond to a request for comment from Recode.
Vox founder Adam Weinstein also founded Vox Media in the summer of 2015.
Vox, which has about 15 employees, had a revenue of $5.7 million last year.
The video content business has been booming since it was founded in 2013.
Last year, Vox said it was the fastest-growing company in its space.
Vox said its video content generated about $1 million in revenue for its members last year and $400 million in future revenue.
Vox previously had a large video production facility in Austin.
Vox reportedly had a $2 million annual budget, and it said it expects to spend about $50 billion over the next decade on technology.
Vox may be able pay off its debts as well.
Vox recorded $1bn in net debt as of June, according to data from research firm Credit Suisse.
Vox paid its debt holders about $300 million for the last 12 months of the year, according a filing with the Securities and Exchange Commission.
Vox could also be able use that money to repay its creditors.
A filing by the company in September showed that Vox had already paid off its most recent $1-billion loan.
Vox told investors that it had paid its $1-$1.1 billion loan to lenders in August.
Vox was one of many companies that paid off some or all of its debt to lenders over the past year.