Latest in Penske Media

Deadline parent Penske Media Corp and MRC, which recently formed the PMRC joint venture that includes Variety, Hollywood Reporter, Billboard and Vibe, have formed another joint venture. This one aims to combine their respective data businesses. Here’s the release: PENSKE MEDIA AND MRC FORM DATA JOINT VENTURE Company…

Seasoned executive Paul Rainey has joined Deadline’s parent company, Penske Media Corp., as EVP of Operations and Finance. He will work across PMC’s portfolio of award-winning brands, which also includes Rolling Stone, Variety, Robb Report, SHE Media, ARTnews and WWD. He will be based in the company’s LA office…

Penske Media Corp. has bought a 49% stake in Rolling Stone, giving the company full control of the storied publishing brand. Terms were not disclosed for the deal, which took effect January 22,but was announced today. Along with the online and print magazine, the transaction includes all event and licensing rights, as…

Penske Media Corporation (PMC) today announced its acquisition of ARTnews and Art in America as part of the overall acquisition of Art Media Holdings, LLC, the largest independent art publishing group that also includes The Magazine ANTIQUES and MODERN Magazine. ARTnews, founded in 1902 and winner of over 40 major…

Penske Media Corporation 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, BuzzAngle provides a state-of-the-art music analytics service that has revolutionized the way businesses analyze music consumption…