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PMC: Penske Media Corporation
PMC: Penske Media Corporation
Published: 2017/12/22
Channel: Shows News
PMC: Penske Media Corporation
PMC: Penske Media Corporation
Published: 2017/12/25
Channel: Shows News
Penske Media Corp. acquires majority stake in the owner of Rolling Stone
Penske Media Corp. acquires majority stake in the owner of Rolling Stone
Published: 2017/12/21
Channel: Fashion Chanel
Penske media corp. acquires majority stake in the owner of rolling stone
Penske media corp. acquires majority stake in the owner of rolling stone
Published: 2017/12/21
Channel: Breaking News Sports
Shutterstock’s New Strategic Partnership with Penske Media
Shutterstock’s New Strategic Partnership with Penske Media
Published: 2015/06/22
Channel: NUMBER24 Co.,Ltd
JACKLIN  PMC MEDIA CORP  commercial 30 sec
JACKLIN PMC MEDIA CORP commercial 30 sec
Published: 2018/01/23
Channel: 01setareh
Rolling Stone owner sold to Variety magazine owner Penske Media
Rolling Stone owner sold to Variety magazine owner Penske Media
Published: 2017/12/21
Channel: The Style
Penske Media, Wenner Media Invest in Rolling Stone at $100 Million-Plus Valuation
Penske Media, Wenner Media Invest in Rolling Stone at $100 Million-Plus Valuation
Published: 2017/12/21
Channel: Breaking News 247
Penske Media Corp. acquires majority stake in the owner of Rolling Stone
Penske Media Corp. acquires majority stake in the owner of Rolling Stone
Published: 2017/12/21
Channel: USA NEWS
Penske media corporation acquires controlling interest in
Penske media corporation acquires controlling interest in 'rolling stone' parent company wenner med
Published: 2017/12/22
Channel: CHRISTINE CHRIS
TODAY NEWS - Penske Media Corp. bought majority shares of the owner of the Rolling Stone
TODAY NEWS - Penske Media Corp. bought majority shares of the owner of the Rolling Stone
Published: 2017/12/22
Channel: TODAY NEWS
Penske Media Acquires $100 Million Controlling Interest in Rolling Stone Publisher Wenner Media
Penske Media Acquires $100 Million Controlling Interest in Rolling Stone Publisher Wenner Media
Published: 2017/12/21
Channel: Americas Got Talent
Nooru Madangai - Sung by: Ms. Princy Satkunarajah
Nooru Madangai - Sung by: Ms. Princy Satkunarajah
Published: 2015/08/01
Channel: Philadelphia Missionary Church Media
Rolling Stone magazine bought by Penske Media
Rolling Stone magazine bought by Penske Media
Published: 2017/12/21
Channel: NewsREADER
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
Rolling Stone Magazine Bought By Penske Media
Rolling Stone Magazine Bought By Penske Media
Published: 2017/12/21
Channel: News Bay
Money Talks: Rolling Stone sells 51% stake to Penske Media
Money Talks: Rolling Stone sells 51% stake to Penske Media
Published: 2017/12/25
Channel: TRT World
Hot News - Penske Media Corp. bought majority shares of the owner of the Rolling Stone
Hot News - Penske Media Corp. bought majority shares of the owner of the Rolling Stone
Published: 2017/12/21
Channel: NEWS
“We’re Going Back in Time” At Meredith, as a Culture Meld Ensues, Time Inc ’s Jewels
“We’re Going Back in Time” At Meredith, as a Culture Meld Ensues, Time Inc ’s Jewels
Published: 2018/02/10
Channel: TV Mag
At Rolling Stone, Prospective Buyers Are in the Tire Kicking Phase
At Rolling Stone, Prospective Buyers Are in the Tire Kicking Phase
Published: 2017/12/20
Channel: Daily Mag
Rolling Stone publisher sells majority stake in Wenner Media to Penske Media, owner of Variety
Rolling Stone publisher sells majority stake in Wenner Media to Penske Media, owner of Variety
Published: 2017/12/21
Channel: Carol. Miner
The Bill Cunningham Show September 11, 2017 | A woman believes her fiancé is sleeping with...
The Bill Cunningham Show September 11, 2017 | A woman believes her fiancé is sleeping with...
Published: 2017/09/11
Channel: The Bill Cunningham Show
Keanu gossips and fake news ( Mirror )  you want it darker
Keanu gossips and fake news ( Mirror ) you want it darker
Published: 2017/08/25
Channel: Shadow Cath
'rolling stone' parent company wenner media controlling interest purchased by penske media corporat
Published: 2017/12/21
Channel: EA TV
PmC.com(Dreactor video logo)
PmC.com(Dreactor video logo)
Published: 2017/09/01
Channel: PMC. COM
TGIE AWARDS 2017
TGIE AWARDS 2017
Published: 2017/08/04
Channel: Pooja Movie Creations
Rolling Stone publisher sells majority stake in Wenner Media to Penske Media, owner of Variety
Rolling Stone publisher sells majority stake in Wenner Media to Penske Media, owner of Variety
Published: 2017/12/21
Channel: Candice Uselton
Jay Penske ed i passi avanti del Dragon Racing – Electric Motor News in Formula E a Londra
Jay Penske ed i passi avanti del Dragon Racing – Electric Motor News in Formula E a Londra
Published: 2016/07/01
Channel: motornewsitaly
PMC - Youth Camp - Day 3 Intro
PMC - Youth Camp - Day 3 Intro
Published: 2017/06/07
Channel: Philadelphia Missionary Church Media
Integrating print and digital / print workflow tools in WordPress
Integrating print and digital / print workflow tools in WordPress
Published: 2017/09/10
Channel: WordCamp for Publishers
Here’s the deal behind jann wenner’s deal to sell rolling stone, his iconic music magazine
Here’s the deal behind jann wenner’s deal to sell rolling stone, his iconic music magazine
Published: 2017/12/22
Channel: Hot News
Rolling Stone Magazine Sold To Penske Media
Rolling Stone Magazine Sold To Penske Media
Published: 2017/12/21
Channel: Wochit Business
Kafeel Video
Kafeel Video
Published: 2012/07/23
Channel: Best Ramadan
U.S. Breaking News Rolling Stone magazine bought by Penske Media 21/12/17
U.S. Breaking News Rolling Stone magazine bought by Penske Media 21/12/17
Published: 2017/12/21
Channel: U.S. Breaking News
PMC - Communion Service Feb. 2016 - Message by Pastor Paul Satkunarajah
PMC - Communion Service Feb. 2016 - Message by Pastor Paul Satkunarajah
Published: 2016/02/23
Channel: Philadelphia Missionary Church Media
Le célèbre magazine américain a été racheté par le groupe Penske Media, qui a pris une part majorita
Le célèbre magazine américain a été racheté par le groupe Penske Media, qui a pris une part majorita
Published: 2017/12/21
Channel: laurie dixon
pmc parosh multimedia center mollahat 2016
pmc parosh multimedia center mollahat 2016
Published: 2016/12/02
Channel: pmc media
Dustin Hoffman accused of exposing himself to a minor, a ssaulting two women
Dustin Hoffman accused of exposing himself to a minor, a ssaulting two women
Published: 2017/12/15
Channel: Mag News
PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone
PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone
Published: 2017/12/21
Channel: TV Life
TGIE AWARDS 2017
TGIE AWARDS 2017
Published: 2017/08/04
Channel: Pooja Movie Creations
Rolling Stone
Rolling Stone's Parent Company Sells Controlling Stake
Published: 2017/12/21
Channel: Today news
Women s Wear Daily
Women s Wear Daily
Published: 2018/01/25
Channel: Search Engine
How To Deal With Frenemies
How To Deal With Frenemies
Published: 2016/08/22
Channel: Santilla V.
Rolling Stone PMC Buys Majority Stake In Iconic Wenner Media For $100 Million
Rolling Stone PMC Buys Majority Stake In Iconic Wenner Media For $100 Million
Published: 2017/12/21
Channel: Top Mag
Juanes wins a Grammy for Best Latin Album | BlackTree TV
Juanes wins a Grammy for Best Latin Album | BlackTree TV
Published: 2013/02/18
Channel: BlackTree TV
Charlie Rose * Roger Penske 05 18 11
Charlie Rose * Roger Penske 05 18 11
Published: 2013/12/08
Channel: aneeshdollydhody φ*ANEESH*φ
#MediaSnack Ep. 67: Media that transforms lives
#MediaSnack Ep. 67: Media that transforms lives
Published: 2017/03/03
Channel: ID Comms
Mere Rashka Qumar new Dj video By (Dj Rupak)
Mere Rashka Qumar new Dj video By (Dj Rupak)
Published: 2017/09/10
Channel: PMC. COM
After the Fall (PvP)
After the Fall (PvP)
Published: 2014/07/06
Channel: MapsByGwerSig
How Do You Shop For E-commerce?
How Do You Shop For E-commerce?
Published: 2016/06/29
Channel: Wochit News
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WIKIPEDIA ARTICLE

From Wikipedia, the free encyclopedia
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Penske Media Corporation
Formerly called
Velocity 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
Werner Media (51%[1])
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, Footwear News, M, Deadline.com, Variety, CricketCountry.com, Hollywood Life, Beauty Inc, Gold Derby, 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.[2] 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.[3] 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.[4] 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.[5][6][7][8]

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.[9] 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.[10][11]

In October 2012, PMC bought Variety from Reed Elsevier for an estimated $25 million.[12] 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.[13]

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.[14]

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.[15]

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.[16]

In January 2017, Penske Media Corporation entered into a joint venture for the Robb Report with Rockbridge, the private equity firm of Dan Gilbert.[17] In December 2017, Penske Media announced to buy a majority stake of Rolling Stone magazine from Wenner Media.[18]

Gold Derby Awards[edit]

The Gold Derby Awards (or "Gold Derby TV and Film Awards") are awards given by the website Goldderby.com for television and film.[19] The awards began in 2004.[20] Owned by Jay Penske since 2015, it is a brand of the Penske Media Corporation.[21]

References[edit]

  1. ^ Jr, Mike Fleming (20 December 2017). "PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner Media". 
  2. ^ Shipnuck, Alan (July 12, 2004). "Hitting Cleanup". Sports Illustrated. Vol. 101 no. 2. p. 89. Retrieved October 26, 2017. 
  3. ^ Amit Chowdhry (2008-10-22). "Quadrangle Capital, WI Harper Group, and Novel TMT Ventures Delivers $35 Million To Mail.com". Pulse2. 
  4. ^ Reisinger, Don (October 21, 2008). "Mail.com lands $35 million in funding". CNET. Retrieved October 26, 2017. 
  5. ^ Schuker, Lauren A.E. (June 24, 2009). "Hollywood Web-Site Sale Reflects Growing Clout"Paid subscription required. The Wall Street Journal. Retrieved October 26, 2017. 
  6. ^ Garrahan, Matthew (June 24, 2009). "Finke to sell Hollywood news website". Financial Times. Archived from the original on August 31, 2017. Retrieved October 26, 2017. 
  7. ^ Luft, Oliver (June 24, 2009). "Deadline Hollywood blog sold for up to $15m". The Guardian. Retrieved October 26, 2017. 
  8. ^ Stelter, Brian (June 23, 2009). "Nikki Finke, Hollywood Blogger, Gets Her Payday". Media Decoder. The New York Times. Retrieved October 26, 2017. 
  9. ^ S. Geller, Jonathan (April 26, 2010). "Taking BGR to the next level — MMC acquires BGR". BGR. Retrieved May 22, 2013. 
  10. ^ "Beyond The Trailer's Grace Randolph On YouTube & The Problem With Hollywood". 12 September 2012. Retrieved 29 August 2015. 
  11. ^ West, Gillian (19 March 2013). "blinkx partners with Penske Media Corporation for memorable movie coverage". Retrieved 29 August 2015. 
  12. ^ Barnes, Brooks; Cieply, Michael (October 9, 2012). "In a Fire Sale, Penske Media Buys Variety". Media Decoder. The New York Times. Retrieved October 26, 2017. 
  13. ^ Fritz, Ben; Trachtenberg, Jeffrey A. (August 19, 2014). "Penske Media to Buy Fairchild From Condé Nast for Nearly $100 Million"Paid subscription required. The Wall Street Journal. Retrieved October 26, 2017. 
  14. ^ "Condé Nast sells Women's Wear Daily, others to Penske Media". USA Today. Retrieved August 19, 2014. 
  15. ^ Bond, Shannon (2015-06-22). "Shutterstock to challenge Getty Images after Variety tie-up". Financial Times. ISSN 0307-1766. Retrieved 2015-09-02. 
  16. ^ "Penske Media Acquires Indiewire". Variety. January 19, 2016. Retrieved January 25, 2016. 
  17. ^ "Dan Gilbert's Robb Report joins forces with Penske Media". 4 January 2017. 
  18. ^ Penske Media buys majority stake in Rolling Stone magazine - Reuters, 20 December 2017
  19. ^ Hammond, Pete (3 February 2017). "Oscars: Deadline, Gold Derby, IndieWire & Variety Take The Gloves Off In Ultimate Predictions Smackdown". Deadline.com. Retrieved 29 May 2017. 
  20. ^ "PMC Acquires Awards Website Gold Derby". 21 July 2015. 
  21. ^ "Penske Media Corporation Acquires Gold Derby". Variety. 21 June 2015. Retrieved 29 May 2017. 

External links[edit]

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