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Shutterstock Penske Media Partnership
Shutterstock Penske Media Partnership
Published: 2015/06/22
Channel: World Branding Forum
PMC MEDIA
PMC MEDIA
Published: 2016/12/13
Channel: PMC MEDIA
BREAKING NEWS: Robb Report Launches Brand Refresh | Cheddar
BREAKING NEWS: Robb Report Launches Brand Refresh | Cheddar
Published: 2017/06/01
Channel: Cheddar
How To Deal With Frenemies
How To Deal With Frenemies
Published: 2016/08/22
Channel: Santilla V.
Jay Penske is betting he can beat the odds in Internet media
Jay Penske is betting he can beat the odds in Internet media
Published: 2009/11/26
Channel: Los Angeles Times
CostPartner Corporate movie
CostPartner Corporate movie
Published: 2016/10/07
Channel: CostPartner A/S
Penske Automotive on Retail Trends - NADA Convention 2015
Penske Automotive on Retail Trends - NADA Convention 2015
Published: 2015/01/26
Channel: Autoline Network
Roger Penske Talks About Owning a Team
Roger Penske Talks About Owning a Team
Published: 2015/03/13
Channel: Andrew Kurland
Bud Denker - Speed Wins
Bud Denker - Speed Wins
Published: 2016/09/23
Channel: Daily FUEL
Penske Racing
Penske Racing
Published: 2011/07/22
Channel: penskecars
SyndPro: Independent Contractor Corporate Perks
SyndPro: Independent Contractor Corporate Perks
Published: 2016/12/02
Channel: SyndPro LLC
Roger Penske Switching back 2 Ford in 2013.mpg
Roger Penske Switching back 2 Ford in 2013.mpg
Published: 2012/03/15
Channel: gibbysgarage
Inside the new Hertz headquarters in Estero
Inside the new Hertz headquarters in Estero
Published: 2016/01/22
Channel: NBC2 News
Charlie Rose * Roger Penske 05 18 11
Charlie Rose * Roger Penske 05 18 11
Published: 2013/12/08
Channel: aneeshdollydhody φ*ANEESH*φ
Big Navigators Corporate Video
Big Navigators Corporate Video
Published: 2016/10/24
Channel: Big Navigators Private Limited
Collaboration: Moving Urban Areas Forward
Collaboration: Moving Urban Areas Forward
Published: 2012/06/04
Channel: Detroit Public TV
Penske Cautious on IndyCar Expansion / #Motorsport101
Penske Cautious on IndyCar Expansion / #Motorsport101
Published: 2016/04/08
Channel: Motorsport101
[Expired Promotion] Used Semi-Truck Sale at Penske
[Expired Promotion] Used Semi-Truck Sale at Penske
Published: 2016/01/29
Channel: PenskeUsedTrucks
Roger Penske 05/18/11 | Charlie Rose
Roger Penske 05/18/11 | Charlie Rose
Published: 2011/05/19
Channel: Charlie Rose
How to get shutterstock images for free without watermark
How to get shutterstock images for free without watermark
Published: 2017/05/29
Channel: Computer Tech Tips
Penske Automotive Group and Joey Logano Support Paralyzed Veterans of America
Penske Automotive Group and Joey Logano Support Paralyzed Veterans of America
Published: 2015/03/31
Channel: Paralyzed Veterans
Update - Penske Ends GM Talks
Update - Penske Ends GM Talks
Published: 2009/09/30
Channel: Bloomberg
The Power of IT on the Race Track - Hitachi
The Power of IT on the Race Track - Hitachi
Published: 2013/11/14
Channel: HitachiBrandChannel
2014 Penske Whirlpool Draft Order
2014 Penske Whirlpool Draft Order
Published: 2014/09/02
Channel: histscot
Penske Racing Driver Ryan Briscoe Talks with Mazak Customers at Kentucky Speedway
Penske Racing Driver Ryan Briscoe Talks with Mazak Customers at Kentucky Speedway
Published: 2011/10/04
Channel: Mazak North America
The Team Penske Story - Narrated by Tom Brokaw
The Team Penske Story - Narrated by Tom Brokaw
Published: 2016/01/21
Channel: Team Penske
Harpo Studios Oz Works Sony Pictures Television
Harpo Studios Oz Works Sony Pictures Television
Published: 2017/05/12
Channel: youalreadyknew
Sprint Media Tour Highlights, Day Four
Sprint Media Tour Highlights, Day Four
Published: 2013/01/25
Channel: Atlanta Motor Speedway
2017 NASCAR Richmond Monster Cup Post Race
2017 NASCAR Richmond Monster Cup Post Race
Published: 2017/04/30
Channel: autoracing1com
Hertz Brings #22 Joey Logano NASCAR to Las Vegas
Hertz Brings #22 Joey Logano NASCAR to Las Vegas
Published: 2013/10/20
Channel: Collision Hub
2016 NASCAR Media Tour: ISC CEO Lesa France Kennedy
2016 NASCAR Media Tour: ISC CEO Lesa France Kennedy
Published: 2016/01/20
Channel: Greg Engle
British Columbia Lottery Corporation (BCLC) Case Study
British Columbia Lottery Corporation (BCLC) Case Study
Published: 2012/12/11
Channel: Herman Miller
Roger Penske, Business & Racing Legend
Roger Penske, Business & Racing Legend
Published: 2014/08/13
Channel: Chase Jackson Energy Easy Founder
Roger Penske expects thrill of Sprint Cup title to last for long time
Roger Penske expects thrill of Sprint Cup title to last for long time
Published: 2012/11/21
Channel: Zachary Alan Betts
2013 NASCAR Sprint Media Tour: Update 1
2013 NASCAR Sprint Media Tour: Update 1
Published: 2013/01/22
Channel: RacingOnecom
RACER: Roger Penske Sonoma Race Winner
RACER: Roger Penske Sonoma Race Winner's Report
Published: 2013/09/11
Channel: The RACER Channel
A Message from the President - DISCOVER 2013
A Message from the President - DISCOVER 2013
Published: 2013/09/25
Channel: Mazak North America
Big Data in Healthcare - Canterbury District Health Board & HPE
Big Data in Healthcare - Canterbury District Health Board & HPE
Published: 2017/03/29
Channel: HPE Technology
2017 NASCAR Competition Enhancements
2017 NASCAR Competition Enhancements
Published: 2017/01/25
Channel: autoracing1com
RACE TECH TV interviews Roger Penske
RACE TECH TV interviews Roger Penske
Published: 2013/09/23
Channel: Race Tech Magazine
Global TV September 25th 1997 Line Up Promo Sponsored by Saturn
Global TV September 25th 1997 Line Up Promo Sponsored by Saturn
Published: 2017/03/21
Channel: Play Eats The Tape
Estenson Logistics Promo
Estenson Logistics Promo
Published: 2015/04/10
Channel: Taps Media
SONY Media Event (Full Length)
SONY Media Event (Full Length)
Published: 2016/09/13
Channel: Horatio Alger Association
Hertz Improves Rental Process for Collision Repair Customers
Hertz Improves Rental Process for Collision Repair Customers
Published: 2014/08/22
Channel: Collision Hub
Toured: DPH Motorsport Yamaha transporter
Toured: DPH Motorsport Yamaha transporter
Published: 2016/09/14
Channel: Foremost Media
Discover More with Mazak Results Series: Episode 1 - Carlisle Brake & Friction
Discover More with Mazak Results Series: Episode 1 - Carlisle Brake & Friction
Published: 2013/09/25
Channel: Mazak North America
Hertz Expanded Replacement Rental Service For Collision Repair
Hertz Expanded Replacement Rental Service For Collision Repair
Published: 2015/12/03
Channel: Collision Hub
www.MOTRface.com Penske Racing Facility Mooresville NC - video 1 of 2
www.MOTRface.com Penske Racing Facility Mooresville NC - video 1 of 2
Published: 2011/12/10
Channel: Michael Taylor
A Message from the President - Response to DISCOVER 2013
A Message from the President - Response to DISCOVER 2013
Published: 2013/10/28
Channel: Mazak North America
Courtney Love on Twitter, Hollywood Reporter plagiarism, the Travolta & Edwards Cases
Courtney Love on Twitter, Hollywood Reporter plagiarism, the Travolta & Edwards Cases
Published: 2012/05/18
Channel: TheLipTV
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WIKIPEDIA ARTICLE

From Wikipedia, the free encyclopedia
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Penske Media Corporation
Formerly called
V elocity Services
Mail.com Media
Industry Digital media, publishing, information services
Predecessor Mail.com Media Corporation
Founded 2003
Headquarters United States
Key people
Jay Penske (Founder-CEO)
Owner Jay Penske
(Controlling Shareholder)
Subsidiaries Deadline.com
Fairchild Fashion Media
Indiewire
Boy Genius Report
Variety
TVLine
Gold Derby
Website pmc.com

Penske Media Corporation (PMC) is an American digital media, publishing, and information services company founded in 2003. PMC publishes more than 22 digital brands, including a joint venture in India with ZEE TV for its India.com brand. The company also produces more than 50 annual events and conferences as well as housing a research and emerging data business. PMC brands include PMC Studios, WWD, WWD.com, Footwear News, M, Deadline.com, Variety magazine, Variety.com, CricketCountry.com, HollywoodLife, Beauty Inc, GoldDerby.com, India.com, Movieline, TVLine, BGR, AwardsLine, @Hollywood, LA411, NY411, Young Hollywood Awards, The Style Awards, and Breakthrough of the Year Awards. The company is headquartered in Los Angeles, California and New York, NY with 11 offices around the world.

History[edit]

In 2003, Jay Penske founded PMC — a business that started as Velocity Services Incorporated ("VSI"), an affinity marketing and Internet services company that later briefly operated as Interactive Digital Publishing Group.[1] The company acquired the mail.com domain, was renamed Mail.com Media Corporation ("MMC"), and re-launched the domain as a new service in 2007.[2] The company then successfully created, built, and sold (Mail.com), which was at the time the 5th largest web portal, to United Internet.

In 2008, the company raised $35 million of venture capital financing from an investor group led by Quadrangle Capital Partners.[3] In 2009 it bought Deadline Hollywood Daily, an entertainment industry insider blog, from its founder Nikki Finke, in a cash and stock earnout transaction valued at $10–15 million.[4][5][6][7]

On April 27, 2010, Mail.com Media Corp. announced it had acquired American technology blog 'Boy Genius Report' via a press release posted on Boy Genius's website.[8] The Boy Genius Report announced its intentions to relocate its website to newly acquired "www.bgr.com", which was launched in May 2010. In November 2010, the company launched TVLine.com, a consumer TV focused website, operated by co-founder and Editor in Chief Michael Ausiello, formerly of Entertainment Weekly, Oncars.com, and purchased 40% of India.com, one of the largest internet providers in Asia and which carries MMC content.

Mail.com was sold to the German company United Internet in 2010, however MMC continues to be an exclusive content provider to United Internet and the Mail.com portal, as well as to India.com, and launched a German-language version of BGR.com in March 2011.

In 2012, MMC was renamed Penske Media Corporation ("PMC").

Also in 2012, Grace Randolph's Beyond the Trailer became a part of PMC's digital network.[9][10]

In October 2012, PMC bought Variety from Reed Elsevier for an estimated $25 million.[11] On October 10, 2012, Jay Penske announced the paywall for Variety would come down, the print version would remain, and that he would invest more in the digital platform of Variety.com. Since then, PMC has continued to take steps to expand Variety, including a change from publishing five days a week to instead producing a weekly print publication, growth of its data and event businesses and launching new international editions.[12]

PMC continues to be the owner of Deadline.com, which since the 2007-08 WGA Strike has been considered Variety's largest competitor in online showbiz news.

In August 2014, PMC bought Fairchild Fashion Media, which includes Women's Wear Daily (WWD), Footwear News (FN), Beauty Inc, M and the Fairchild Summits from Condé Nast.[13]

As of 2015, PMC had attained 168 million monthly consumers.

In June 2015, Penske Media Corporation formed a partnership with Shutterstock Inc. to create and license entertainment and fashion images to the world's top media, publishing, and creative companies. Commencing in 2016, Shutterstock will have an exclusive right and license to PMC's archive.[14]

On January 18, 2016, PMC acquired independent film and television platform, Indiewire. "Bringing Indiewire into the Penske organization is an exciting opportunity to further ignite a pioneering brand while advancing its coverage of the TV industry, digital, and emerging OTT platforms." Jay Penske, PMC CEO said.[15]

In 2017, Penske Media Corporation entered into a joint venture for the Robb Report with Rockbridge, the private equity firm of Dan Gilbert.[16]

References[edit]

  1. ^ Alan Shipnuck (2004-07-14). "Hitting Cleanup". Sports Illustrated. 
  2. ^ Amit Chowdhry (2008-10-22). "Quadrangle Capital, WI Harper Group, and Novel TMT Ventures Delivers $35 Million To Mail.com". Pulse2. 
  3. ^ Don Reisinger (2008-10-21). "Mail.com lands $35 million in funding". cnet. 
  4. ^ Lauren A.E. Schuker (2009-06-24). "Hollywood Web-Site Sale Reflects Growing Clout". Wall Street Journal. 
  5. ^ Matthew Garrahan (2009-06-24). "Finke to sell Hollywood news website". Financial Times. 
  6. ^ Luft, Oliver (2009-06-24). "Deadline Hollywood blog sold for up to $15m". the Guardian. London. Retrieved 2010-05-12. 
  7. ^ Brian Stelter (2009-06-23). "Nikki Finke, Hollywood Blogger, Gets Her Payday". New York Times. 
  8. ^ S. Geller, Jonathan (April 26, 2010). "Taking BGR to the next level — MMC acquires BGR". BGR. Retrieved May 22, 2013. 
  9. ^ "Beyond The Trailer’s Grace Randolph On YouTube & The Problem With Hollywood". 12 September 2012. Retrieved 29 August 2015. 
  10. ^ West, Gillian (19 March 2013). "blinkx partners with Penske Media Corporation for memorable movie coverage". Retrieved 29 August 2015. 
  11. ^ "In a Fire Sale, Penske Media Buys Variety". The New York Times. Retrieved October 9, 2012. 
  12. ^ Fritz, Ben; Trachtenberg, Jeffrey A. "Penske Media to Buy Fairchild From Condé Nast for Nearly $100 Million". Wall Street Journal. ISSN 0099-9660. Retrieved 2015-12-01. 
  13. ^ "Condé Nast sells Women's Wear Daily, others to Penske Media". USA Today. Retrieved August 19, 2014. 
  14. ^ Bond, Shannon (2015-06-22). "Shutterstock to challenge Getty Images after Variety tie-up". Financial Times. ISSN 0307-1766. Retrieved 2015-09-02. 
  15. ^ "Penske Media Acquires Indiewire". Variety. January 19, 2016. Retrieved January 25, 2016. 
  16. ^ Dan Gilbert’s Robb Report joins forces with Penske Media

External links[edit]

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