Princell Hair has been tapped as president of Allen Media Broadcasting, the broadcast television station division of Byron Allens Allen Media Group. [5] By 2008, the company owned digital entertainment properties like OnCars.com, Hollywood Life, Movieline, and MailTimes in addition to operating the Mail.com portal and email service. over how aggressively to cover some Hollywood stars and institutions. All Rights Reserved. You may opt-out by. The new deals will create a new entity, dubbed PMRC, to run the three former MRC publications, which had been on the block for many months. For the full year, net sales increased 10.8% to $357.4 million. We want to hear from you! Roger S. Penske is the founder and chairman of Penske Corporation, a closelyheld diversified transportation services company whose subsidiaries operate in a variety of segments, including retail automotive, truck leasing, transportation logistics, transportation component manufacturing and high performance racing. [19], In June 2015, Penske Media Corporation formed a partnership with Shutterstock Inc. to compete with Getty Images in the categories of editorial images in the entertainment and fashion industries. This includes Penske Racings marketing, sponsorship, licensing and PR responsibilities. Penske Media Corporation: Los Angeles, CA: $65K-$70K: Rolling Stone: Politics Reporter: Penske Media Corporation: Washington, DC: $46K-$67K: Billboard: E-Commerce Writer: Penske Media Corporation: New York, NY: $55K-$65K: STYLECASTER: Part-Time Trending E-commerce Writer: Penske Media Corporation: New York, NY: $52K-$52K: Rolling Stone: Photo . These publications included WWD (Women's Wear Daily), Footwear News, Beauty Inc., M, and Fairchild Summits. 2023 Variety Media, LLC. [13], In September 2010, the Mail.com Media Corporation announced a transaction in which they would sell the Mail.com email and portal service to United Internet Group, one of Germany's leading internet companies. Job specializations: Retail. [7][8][9][10], In February 2010, MMC finalized and announced a joint venture with Zee TV, one of India's leading TV networks, on the creation of the new India.com web portal and seven other portals. None of the information on this page has been provided or approved by Team Penske. Vince Holding on Monday reported financial results for the fourth quarter and full year of 2022. 04/29/2023. Penske Motor Group, Inc. is a privately-held specialty retailer operating seven automobile dealerships in the California market. The owned-and-operated Allen Media stations are a strong broadcast group in growing markets. Penske Media Corporation (PMC) announced today that after a decade of partnership and co-ownership of Hollywood Life, founder Bonnie Fuller, President and Editor-in-Chief of Hollywood Life,. Prior to joining PMC,Monroeserved as Chief Marketing Officer for the nonprofit Sundance Institute, which hosts the Sundance Film Festival each January in Park City, where he was responsible for brand strategy, social media and content, design, public relations, and communications for the Festival and the Institute overall. [3] [4] It began as an affinity marketing and internet services company called Velocity Services, Inc. [3] The company acquired the Mail.com domain and was renamed to the Mail.com Media Corporation (MMC). Penske Motor Group, Inc. is a privately-held specialty retailer operating seven automobile dealerships in the California market. Also on the docket are a decision about a one-third stake in Hulu as a put-call arrangement with Disney reaches a deadline, sports rights bidding and potential M&A opportunities with Warner Bros Discovery, Paramount Global or other players. Comcast CEO Brian Roberts kicked off the companys first-quarter earnings call by delivering brief comments about the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday. Over the past decade or so, Penske Media Corp. Chairman and CEO Jay Penske, the youngest son of famed billionaire racing-team owner Roger Penske, has slowly aggregated control over most of the major outlets covering the day-to-day business of Hollywood and the music business. 8% of Team Penske management is Hispanic or Latino. [25] In 2018, it expanded further into music with an investment in BuzzAngle Music. CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook, AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022, Endeavor CEO Ari Emanuels Pay Drops To $19.1 Million In Year Following IPO Windfall. The Penske Media Corporation management team includes Jay Penske (Chairman and CEO), Michael Monroe (Chief Marketing Officer and Head of PMC Studios), and Andrew Limpus (Associate Vice President, Talent and Recruiting) . (business & personal). NYT This is a BETA experience. MRC also has produced the Emmy-winning Netflix Penske Media Corporation was founded by Jay Penske in 2003. [54], "Penske Media Corp. Gets $200M Investment From Saudi Fund", "PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner Media", "Jay Penske founded Penske Media Group to acquire Conde Nast's Fairchild Fashion Media - The Business Journals", "Rolling Stone's Owner Sells Controlling Stake to Penske Media", "Hollywood Web-Site Sale Reflects Growing Clout", "Deadline Hollywood blog sold for up to $15m", "Nikki Finke, Hollywood Blogger, Gets Her Payday", "India's Zee TV chief: 'We believe we will succeed' in the German market", "Penske's Mail.com Launching India Portal With Zee, on India.com", "Jay Penske Expands Online Media Empire, Buying Boy Genius Report", "Penske's Mail.com Media Corp. Sells Its E-Mail Business", "In a Fire Sale, Penske Media Buys Variety", "Penske Media Corp. Buys Variety As Entertainment Industry Trade Moves Online", "Daily Variety, No Longer a Top Star, to Be Closed", "Cond Nast sells Women's Wear Daily, others to Penske Media", "Cond Nast to Sell Fairchild Fashion Media for $100 Million", "Shutterstock to challenge Getty Images after Variety tie-up", "Michael Schneider Exiting TV Guide Magazine", "Dan Gilbert's Robb Report joins forces with Penske Media", "Rolling Stone Publisher Sells Majority Stake to Penske, Owner of Variety", "After Top Executive Leaves, Billboard Confronts Its Internal Culture", "Penske Media Corp. Acquires Sourcing Journal", "Penske Media buys Peter Brant's trove of art publications", "Variety Parent Penske Media to Take Over Hollywood Reporter, Billboard in Joint Venture With MRC", "Life is Beautiful festival in Las Vegas bought by Rolling Stone", "Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion", "Dick Clark Productions Hit By Layoffs Following Acquisition", "Penske's media roll-up continues with purchase of Vox stake", "JAY PENSKE GOBBLES UP THE REMAINING 49 PERCENT OF ROLLING STONE", "UK edition of Rolling Stone to launch | Complete Music Update", "British Rolling Stone magazine returns 50 years after Mick Jagger left it to 'hippies', "Literary 'Rolling Stone' sells out to male titillation", "Jay Penske betting he can beat the odds in Internet media", "Penske Media To Launch New Sports Business Platform Sportico", "BREAKING: @Sportico launch day exclusive: @MLB has pre-approved SEVEN bid groups looking at the @Mets:", ". PMC will lead daily operations of an expanded entertainment and music brand portfolio under the PMRC banner that will bring two Hollywood trade institutions under the same roof for the first time, according to a staff-written story about the deal in Variety. Powered by WordPress VIP, Chairman, Founder and CEO of Penske Media, President of Hutchinson Whampoa Americas, PMC Advisor, Co-Founder of Apple Computer, PMC Advisor, Chairman of Vodafone, Fmr. No credit card required. [47], BollywoodLife.com is an entertainment and celebrity news website reporting on Indian popular culture. In addition, Penske Racing has won the Indianapolis 500-mile race 14 times including consecutive wins in 2001, 2002 and 2003. series Ozark, and such notable recent films as Knives Out, Baby Driver and Ted. While revenue slipped 4%, it beat Wall Street expectations, as did earnings per share of 92 cents. Penske Performance, Inc. operations include teams competing in the IndyCar Series, NASCAR Sprint Cup Series, NASCAR Nationwide Series and American Le Mans Series under the Penske Racing banner. All Rights Reserved. New York police responded to a 911 call . Monroe previously held marketing and content leadership roles at Forbes and Cond Nast. Over the past decade or so, Penske Media Corp. Chairman and CEO Jay Penske, the youngest son of famed billionaire racing-team owner Roger Penske, has slowly aggregated control over most. Penske Media Corporation (PMC) is a leading digital media and information services company whose award-winning content attracts a monthly audience of more than 240 million and empowers more than 1 . Hair has also been named to an executive vice president role at parent company Allen Media Group. "[42] The other properties are considered leading business-to-business publications offering news and insights into various fashion and beauty niches. (Photo by David M. Benett/Dave Benett/Getty Images). Chairman & CEO of Wells Fargo, PMC Advisor, Founding Partner of Max Ventures, Board Member, Founder & Chairman, WI Harper Group, Board Member, Founder & President of ThinkShop, PMC Advisor, Chief Operating Officer, Board Member PMC, President of Entertainment Media Ventures, Advisor Penske Media, Founder and CEO, The Panarae Partnership, Board Member, Executive Vice President, Business Affairs & Chief Legal Officer, Executive Vice President Operations and Finance, Executive Vice President of Product & Technology, Executive Vice President & General Manager, Operations, Executive Vice President, GM, Strategic Industry Group, Senior Vice President, Deputy General Counsel, Senior Vice President, Licensing and Brand Development, Senior Vice President of Business Development, Managing Partner, Penske Media Real Estate, Vice President, Associate General Counsel, Vice President of Public Affairs and Strategy, Vice President, Strategic Planning & Acquisitions, Vice President, Associate General Counsel, PMC, Vice President, Marketing, Strategic Industry Group, Vice President, Customer Experience & Marketing Operations, Head of Talent Development and Inclusion, PMC, Associate Vice President, Talent & Recruiting, Associate Vice President, Human Resources, Head of Programmatic Sales and Audience Solutions, PMC, Chief Brand Officer, Fairchild Media; Editorial Director, Footwear News, Executive Editorial Director, Fairchild Summits & Events, President, Robb Report and Head of Luxury Sales, PMC, Senior VP Associate, Publisher Deadline Sales, SVP, Sales & Global Partnerships, Variety, Associate Vice President, International Markets, Vice President and Latin Industry Lead, Billboard, Executive Vice President and Co-Publisher, The Hollywood Reporter, Editor-in-Chief, ARTnews and Art in America, Executive Vice President, National Sales, SHE Media, Editorial Director, WWD, Footwear News, Beauty Inc, Fairchild Live Media, President, Deadline and General Manager, Chief Revenue Officer GoldDerby, TVLine, Dirt, SVP, Global Consumer Partnerships, Variety, Executive Vice President, Content Executive Editor, Variety, President & Chief Executive Officer, Sportico, Executive Vice President, Co-Publisher at The Hollywood Reporter, Awards Editor & Senior Vice President, Variety, Executive Director, Live Media Events, Robb Report, Executive Vice President Fairchild Media; Founder & President Sourcing Journal, New York Bureau Chief, Executive Editor, Film & Media, Variety, Chief Operating and Marketing Officer, Variety, CoPresident, CoFounder, Head of Programming & Sponsorship,ATX TV & ATX TV Festival, Senior Vice President of Talent and Programming, Editorial Director, The Hollywood Reporter, Vice President of Features and Events, Variety, Senior VP Global Business Development & Strategic Partnerships, Deadline, Publisher, Rolling stone and EVP, of Global Brand Partnerships, Editor-in-Chief, Vibe, Vice President of Cultural Media for Penske Media Corporation, Vice President, Events and Conferences, The Hollywood Reporter, President & Chief Media Analyst of Variety Intelligence Platform, Executive Editor of Strategic Content Development, WWD. Some of PMC's early changes to Variety's business plan included eliminating the website's paywall, ceasing the printing of Daily Variety, and investing more in the digital platform, Variety.com. As CMO, Chan will manage marketing efforts on the corporate front, including event presence and awards season marketing, as well as the agencys digital footprint, also looking to find new ways and opportunities to amplify client projects and activities. Penske Motorsports, Inc., a wholly owned subsidiary of Penske Racing, Inc., fields two Porsche RS Spyders exclusively in the American Le Mans Series. We're halfway there. [20] The following month, PMC purchased Gold Derby, a data platform and website that utilizes user and professional predictions to predict the outcome and winners of global awards shows and events. Send us a tip using our annonymous form. [21] In January 2016, PMC acquired independent film and television platform IndieWire from SnagFilms, Inc. for an undisclosed amount of money. The deals also bring under shared control MRC music publications Billboard and Vibe. The Indianapolis Motor Speedway has hosted the world's largest single-day sporting event - the Indianapolis 500 Mile Race - for more than 100 years. Dave Bushee was named senior vice president of logistics technology for Penske Logistics in March 2021. Get our latest storiesin the feed of your favorite networks. In this newly-created role for 2008, Gibson will assume responsibility for Penske Performances sponsorship, marketing, licensing and communications programs. (ed. Fairchild Fashion Media is a digital media, publishing, and events company that owns multiple fashion-related content properties. Shells exit comes as NBCU is facing a complex operating environment and a number of strategic decisions. The Team Penske executive team is 12% female and 88% male. Board of Directors & Advisory Board Executive Leadership Business Management. [34][35], In February 2023, PMC became the largest shareholder in Vox Media, acquiring a 20% stake in the company, and Jay Penske joined Vox's board. Please join our community at sportico.com", "BollywoodLife.com crosses 20 million monthly active users mark; sees a growth of 3.2x year on year", "Penske Media Corp Taps George Grobar As COO", "BollywoodLife.com crosses 10 million users in June 2020, witnesses massive growth of 4.9x in a year", "Oscars: Deadline, Gold Derby, IndieWire & Variety Take The Gloves Off In Ultimate Predictions Smackdown", "Penske Media Corporation Acquires Gold Derby", "Penske Media Makes Strategic Investment in LDJ Productions", https://en.wikipedia.org/w/index.php?title=Penske_Media_Corporation&oldid=1152509327, This page was last edited on 30 April 2023, at 17:28. Penske Media Corporation's Executive Team ranks in the Top 25% of other companies in Los Angeles and Top 15% of other companies on Comparably that also have 501-1,000 Employees. Our dynamic events, data services, and rich content entertain and educate today's technology, entertainment, retail, fashion, beauty, art and lifestyle sectors. MMC would remain the primary content provider for Mail.com, but the email service itself was operated by United Internet and its GMX email platform. [13] The Gold Derby Awards (or "Gold Derby TV and Film Awards") are awards given by the website Goldderby.com for television and film. He acknowledged having had an inappropriate relationship with a female employee, with the company then emphasizing that it had let Shell go with cause due to complaints of sexual harassment and discrimination. The group retails Toyota, Lexus, Honda and Mercedes-Benz vehicles. Transportation Resource Partners is a $265 million private equity fund formed by Penske Corporation. O'Hare has a twenty-year track record of driving digital audience and revenue growth. It is part of Penske Media Corporation, having reportedly attained more than 20 million monthly active users, as well as over 5 million social media followers. Under his leadership The Atlantic was named "Marketing Team of the Year" by Folio, "Content Team of the Year" and "Best In-House Studio" byDigiday, and "Studio of the Year"by theNative Advertising Awards. Read full bio | Downloadable PDF version. in Communications and a minor in Dance. Website Design and Development by Digital Momentum. More to come soon. Awesome team of other designers and collaborate on projects. 11% of the management team is Black or African American. Ginger brings incredible industry relationships and a long history of working with talent and creators to understand their objectives and create bespoke marketing plans to amplify their reach and influence. [53] It has also been an investor in the strategic event management company LDJ Productions since 2020. Looking for a particular Penske Media Corporation employee's phone or email? Team Penske is 5% female and 95% male company-wide. EXCLUSIVE:WME has expanded its executive leadership team with the appointment of Endeavor veteran Ginger Chan to the newly created position of Chief Marketing Officer.
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