Vox Media, owner of sites including Vox and The Verge, has added a new element to its publication portfolio: New York magazine.

Vox has acquired New York Media, which owns the namesake biweekly print magazine along with the websites The Cut, Grub Street, Intelligencer, The Strategist and Vulture.

The New York Times first reported the acquisition. The deal is an all-stock transaction, according to the Times.

The company said in a news release that Jim Bankoff, Vox Media CEO and chairman, will continue to lead all aspects of Vox Media. Pamela Wasserstein, chief executive of New York Media, will serve as president and have a seat on the company’s board of directors.

“We have drawn inspiration from Vox Media, watching their growth trajectory and success in developing premium editorial brands and leading the industry in areas like podcasting and entertainment,” Wasserstein said. “As I began talking with Jim about what the future might look like together, it quickly became apparent that our companies pair incredibly well.”

Bankoff told the Times that the merger would not result in editorial layoffs or the folding of New York Media’s New York-related publications.

Earlier this year, New York magazine laid off 16 full-time staffers and 16 freelancers or part-time employees as the magazine restructured. The cuts represented about 5% of New York Media’s full-time staff.

Commscore settles with SEC

Data-measurement firm Comscore has settled fraud charges with the Securities and Exchange Commission and will pay a $5 million penalty.

Its former CEO, Serge Matta, will also pay $700,000 and give Comscore back $2.1 million from his pay and sales of company stock. He is also barred from serving as an officer or director of a public company for a decade. Comscore and Matta did not admit or deny the SEC’s charges.

The commission said Tuesday that Comscore fraudulently inflated its revenue by $50 million from February 2014 to February 2016, which helped it beat Wall Street analysts’ sales estimates for seven quarters. That’s an important measure for investors and can impact a company’s stock price.

The SEC said Comscore, which tracks digital and TV audiences and movie theater ticket sales, overvalued deals where it provided data sets to other companies, allowing it to inflate its revenue. The agency said Matta then misled Comscore’s accountants.

The agency said Comscore also made misleading public statements about how many customers it had in an attempt to show steady growth, when its customers were actually declining in number. It did this by changing the definition of what a customer was, without telling investors about the changes.

The SEC said Comscore misled investors as well regarding sales of a flagship product that measured ad campaigns, saying it grew when it actually fell.

Reston, Virginia-based Comscore said Tuesday that it has overhauled its board and management and has new internal control procedures in place.

Matta did not immediately reply to a message requesting comment sent to ICX Media, a media and tech data-tracking firm where he currently serves as CEO.

Comscore shares dropped 4.7% Tuesday.