News

The Penske Media Corporation trades have been trimming budgets overall, but The Hollywood Reporter has been especially hard-hit. Kristen Lopez. June 2, 2023 @ 11:39 AM. Share on Social Media.
Penske Media Corporation (PMC) is making a strategic investment in BuzzAngle Music, the company announced today. Founded in 2013, and launched in 2016 by Border City Media founder Jim Lidestri, ...
For months I’ve been mystified by Jay Penske’s silence over the $200 million investment stake his company, Penske Media Corporation, took from a Saudi government-backed company in February 2018.
Penske Media Corp. said it has made a strategic investment in Wenner Media, the owner of Rolling Stone, the iconic pop culture and music magazine founded a half-century ago.
Jay Penske has sold a minority stake of his media company, Penske Media Corp., to Saudi Arabia’s Public Investment Fund, The Post has learned. The fund has invested “over $200 million cash ...
THR parent Penske Media Corporation has partnered with Brainstore Media, an Italian publisher and part of the Artmediamix, led by Gian Marco Sandri, on THR Roma.
Penske Media Corp., the owner of the Hollywood trade publications Variety and Deadline, has acquired SheKnows Media to expand its audience among women with a network of female-focused websites and ...
BGR and our parent company Penske Media Corporation have launched “ Hail the Heroes,” a thank you initiative to raise funds for Team Rubicon and their efforts around the COVID-19 crisis ...
Penske Media Corp. has acquired Indiewire.com, the website specializing in the coverage of independent film and television.. Terms of the purchase from SnagFilms Inc., the site’s owner since ...
Penske Media Corporation has announced that it is adding a sports media platform to its burgeoning roster of digital properties. Named Sportico, the online publication will cover the sports ...
Variety has changed hands for the second time in its 107-year history. Digital media dynamo Penske Media Corp. has completed a deal with Reed Business Information to acquire the brand hailed by ...
Penske Media Corp., the owner of Hollywood trade publications Variety and Deadline, will acquire Women's Wear Daily and other fashion-industry publications from Condé Nast, the companies said ...