Austin, Texas – April 19, 2021 – South by Southwest® (SXSW®) and P-MRC Holdings, LLC. announced a partnership today that aligns P-MRC as a long-term partner with and shareholder of SXSW, LLC.  P-MRC, a joint venture between Penske Media Corporation and MRC whose holdings include some of the most influential brands in entertainment and music, including Billboard, The Hollywood Reporter, Rolling Stone, Variety, and Vibe, will bring media expertise and new avenues for discovery to SXSW’s iconic event.  The deal will also expand SXSW’s potential for new events and business models.  

“It has been an incredibly tough period for small businesses, SXSW included,” said CEO and Co-Founder Roland Swenson.  “When Jay Penske approached us with an interest in becoming a partner, it was a true lifeline for us.  Both of our companies share a passion for producing high quality content that helps shape modern culture, so this feels like a natural alliance.  Now we are focused on the March 2022 event, and we’re honored to embark on a new chapter of SXSW with both his experience and the capabilities of P–MRC at our side.”  

Jay Penske, Chairman and Chief Executive Officer of Penske Media, said, “We are grateful and proud to become enduring partners with SXSW, and collaborate with its exceptional team.  Since 1987, SXSW has been the world’s premier festival centered at the convergence of tech, media, film, and music.  Today SXSW continues to be one of the most recognized brands for empowering creative talent and bringing together the brightest creators of our time.  As part of this significant investment, we plan to build upon SXSW’s incredible foundation while extending the platform further digitally and assisting Roland and his incredible team to bring their vision to even greater heights.”  

SXSW’s management team and core business will remain unchanged in keeping its focus on the March 2022 event in Austin, and with this partnership pursuing the exploration of new capabilities in providing quality programming to its diverse community of highly engaged creative professionals.  

About SXSW  

SXSW dedicates itself to helping creative people achieve their goals.  Founded in 1987 in Austin, Texas, SXSW is best known for its conference and festivals that celebrate the convergence of the interactive, film, and music industries.  In 2021, the event moved to a digital format. SXSW Online offered conference sessions, music showcases, film screenings, an XR event, exhibitions, and a variety of networking and professional development opportunities.  An essential destination for global professionals, SXSW 2022 will take place March 11th through March 20th.  For more information, please visit: sxsw.com.  

About Penske Media Corporation (PMC)    

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million.  Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, The Hollywood Reporter, Billboard, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others.   Together, these brands offer clients opportunities to reach an influential audience at scale through editorial, advertising, and other marketing solutions.  PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth, and courage.  Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good.  To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit: http://www.pmc.com/.  

About MRC

MRC is a diversified global entertainment company with divisions including Film, Television, Live & Alternative and Non-Fiction as well as joint ventures in data and publishing.  MRC Television is the largest and most award-winning independent TV studio in North America.  MRC Live & Alternative is the largest producer and proprietor of live-event entertainment programming broadcasts worldwide.  MRC Film and Non-Fiction source, develop, finance, and produce critically acclaimed films, docuseries and feature documentaries.  MRC owns a majority stake in Civic Center Media, A-Major Media and has minority investments in A24, Fulwell 73, Sugar23 and T-Street. For more information on MRC EntertainmentTM please visit: www.mrcentertainment.com.

March 9, 2021—Los Angeles, CA:  Penske Media Corporation (PMC) announces the launch of PMC Atlas Data Studio, a proprietary first-party data strategy engineered to deliver unparalleled insights to brand partners. Atlas Data Studio will optimize and connect learnings across the publisher’s entire portfolio of brands spanning music, entertainment, fashion, luxury, art, women’s interests and more.  

“We are thrilled to collaborate with our partners on building Atlas Data Studio from the ground up over the last year,” said Mark Howard, Penske Media’s Chief Advertising and Partnerships Officer. “It leverages the latest people-based targeting capabilities and identity mapping to reach audiences at scale while maintaining consumer data privacy. We are very excited about the level of specificity Atlas DS will bring to our advertising partners and what it means to the future of the business.”  

PMC Atlas Data Studio draws on audiences’ content interests specifically linked to their varying degrees of engagement with newsletters, virtual events, apps, subscription and membership programs, paywalls, polls, surveys and data enrichment partnerships. Today’s announcement is one part of a long-term digital strategy and product offering that Penske Media has been rolling out over the last six months.  

The publisher’s transition to a first-party data strategy comes as the industry continues to move away from third-party cookies in favor of protecting consumer data. While the shift in policy has prompted many companies to adopt similar strategies, the timing of Atlas Data Studios’ launch has given Penske Media a unique opportunity to integrate the latest privacy protocols and to tap into unified data across its portfolio of brands.  

With over 134 million unique viewers a month across its 23 brands according to comScore, Penske Media’s portfolio is synonymous with culture, heritage and prestige. PMC’s highly engaged audience looks to its titles to inform their passions, professional industry insights and personal interests.  

Through its Atlas Data Studio, the media house aims to evolve with today’s consumers, delivering the best content and one-of-a-kind experiences that continue to inform, inspire and define modern culture.  

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About PMC  

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate audience. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Variety, Rolling Stone, The Hollywood Reporter, Billboard, WWD, SHE Media, Robb Report, Deadline, Sportico, BGR, ARTnews, Fairchild Media, Vibe, IndieWire, Dirt, Gold Derby and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good.  

Press Contacts:  

Brooke Jaffe  

Penske Media Corporation, Head of Public Affairs and Communications  

bjaffe@pmc.com  

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Francesca Cascardo  

Penske Media Corporation, Manager of Communications  

fcascardo@pmc.com

NEW YORK, NY January 29, 2021: Penske Media Corporation (PMC) announced a new partnership with YT Media, one of China’s leading media and art companies, launching the Chinese Edition of Rolling Stone.

Under a multiyear license, Rolling Stone China will feature original and syndicated content tailored to a booming consumer market and providing a new lifestyle brand to China’s Y-generation and 600 million online music consumers.

Rolling Stone China’s launch issue, out now, features cover stars Zhang Chu and Roy Wang, as well as Paul McCartney and Taylor Swift in “Musicians on Musicians” interviews. This debut issue will be followed by a series of corresponding core products and experiences including: a website, WeChat, Weibo, Bilibili channels, events, and quarterly print issues.

“The opportunity to share our content and experiences with our biggest fans in China is truly exciting,”  said Gus Wenner, President and Chief Operating Officer, Rolling Stone. “This new partnership is a great way for us to show all that Rolling Stone has to offer on an international scale as we continue to grow.”

“Today, with the support of Penske Media Corporation and the trust of Rolling Stone, I am honored to lead our young team to develop the business of Rolling Stone China,” said Xu Ning, Founder, YT Media. “We hope that through music, art, and love for this brand, Rolling Stone China will become the lighthouse of modern culture.”

Rolling Stone China will further strengthen PMC’s presence across its portfolio of brands in this  ever-important region. Other PMC titles with Chinese editions include: WWD China, Variety China and Robb Report China.

Rolling Stone

Rolling Stone, the number one brand in music publishing, has been the leading voice of music and popular culture for over 50 years. The multi-media brand features the latest in music reviews, in-depth interviews, hard-hitting political commentary and award-winning journalism across several platforms including magazine, digital, mobile, social and experiential marketing. Headquartered in New York, Rolling Stone provides “all the news that fits” to a global audience of approximately 60 million people every month and publishes over 100 pieces of content every day. For more information, please visit www.rollingstone.com.

Penske Media Corporation

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, The Hollywood Reporter, Billboard, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

YT Media

YT Media is a global IP operation platform and the cultural media company invested by the Sun Wah Group and the UCCA Group. YT Media covers music media, art tourism, and sensory lifestyle, providing quality content for the public and creative marketing solutions for corporate clients. As a new generation content IP platform in China, YT Media’s IP products include: the Rolling Stone China, U2 by UCCA, the Great Artist and the CookBook etc. The mission of YT Media is to work with visionary pioneers and cultural institutions from around the world to explore global art, music, theatre and all forms of creative lifestyle in order to generate a new cultural impact in China. www.ytmedia.com

NEW YORK, NY January 14, 2020: Billboard announces the elevation of Julian Holguin to President effective immediately. Holguin will assume oversight of all Billboard business operations globally, including strategic planning and financial management. Most recently, Holguin served as Billboard’s EVP, Head of Sales and Partnerships for MRC Entertainment. Holguin reports to George Grobar, Chief Operating Officer, PMC. He will be based in Los Angeles.

“I am thrilled to have Julian at the helm of Billboard. His experience and innovative business strategy make him an ideal choice to take Billboard into the next phase of growth” said Chairman and CEO, Jay Penske.”

“I am honored to assume this post for Billboard. The legacy and impact the brand continues to have on the music and media industry is undeniable. Billboard’s transformation over the last eight years has been a thrilling ride. I am incredibly proud of the growth we have achieved and the team that made it happen. We will continue to evolve the brand and strive to innovate with the incredible support of PMC” said Holguin.

Julian Holguin is a seasoned music and media executive, with vast experience across digital publishing, social media, broadcast television and live events. He joined Billboard in 2012, and was quickly promoted to VP of Brand Partnerships, leading the company’s transformation from a business-to-business trade publication to an industry and consumer facing hybrid, engaging fans through a multiplatform approach. Julian oversaw the strategic revenue and growth effort as Billboard merged with The Hollywood Reporter in 2014 and acquired Spin Media in 2016, leading the company to record increases in consumer advertising, live events, partnerships, licensing and branded content. Prior to his promotion, he served as Billboard’s EVP, Head of Sales and Partnerships for MRC Entertainment.

In September of 2020, Billboard became part of P-MRC Holdings, a joint venture between MRC and Penske Media Corportation. The partnership will allow Billboard to leverage the Penske Media infrastructure and utilize the PMC technology and delivery platforms. MRC will collaborate with the P-MRC brands to create new opportunities for industry and consumers surrounding its powerful portfolio of live event and awards shows.

About Billboard

Established in 1894, Billboard is a global music media brand, with a renowned authority among artists, fans and the industry. Billboard powers the ultimate global music destination and magazine, featuring unrivaled reporting on music news, issues and trends, the industry’s definitive charts, encompassing the most complete and well-respected database of charts across all music genres. Billboard also produces elite conferences and events which regularly convene the industry and consumers around important conversations – from the annual Power 100 to Women in Music to Pride Summit and more.

LOS ANGELES, CA January 13, 2021: Penske Media announces it will be an official media partner for CES 2021, the world’s most influential tech event. The premiere event with take place this year January 11-14 in its first-ever, all digital format.

Penske Media operates some of the most influential brands across entertainment, music and culture—including: Variety, The Hollywood Reporter, Deadline, Rolling Stone, Billboard, VIBE, WWD, and BGR. Variety has been a long-time contributor to the Entertainment Summit at CES, but 2021 marks a first-time partnership with Penske Media Corporation.

“Hollywood, music, and fashion continue to be transformed by technology, and the innovation introduced at CES is considered required reading among the industry leaders the PMC brands reach. We are proud to be a first-time partner this year and look forward to the digital-format and experience,” said Mike Monroe, CMO and Head of PMC Studios at Penske Media.

“We’re thrilled to partner with Penske Media for CES 2021,” said Jean Foster, SVP, Marketing and Communications, Consumer Technology Association, owner and producer of CES. “Leveraging PMC’s prestigious portfolio of brands and best in class content helps us reach critical audiences in media, entertainment, and culture.”

As part of the partnership, Penske Media ran an advertising campaign across its portfolio of sites driving registration for CES, and its brands will receive special livestreaming access to keynote speeches, press conferences and other events.

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Variety, Rolling Stone, WWD, SHE Media, Robb Report, Deadline, Sportico, BGR, ARTnews, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good.

LOS ANGELES, CA JANUARY 4, 2020:  Elisabeth Deutschman Rabishaw and Victoria Gold have been elevated to Executive Vice President, Co-Publishers of The Hollywood Reporter effective immediately.  Deutschman Rabishaw and Gold will oversee sales strategy, direct marketing, events and revenue streams for The Hollywood Reporter across all platforms globally. Together, Deutschman Rabishaw and Gold will collaborate with The Hollywood Reporter editorial teams on additive content, social media and video strategies as well as content creation for advertisers. This elevation comes as The Hollywood Reporter is poised for exciting growth and evolution. The Co-Publishing duo will be based in PMC’s Los Angeles headquarters.

“We are thrilled to have two very talented executives leading the business of The Hollywood Reporter. Victoria and Elisabeth bring experience, enthusiasm and a deep commitment to this legacy brand. We look forward to seeing their thoughtful and strategic vision play out as Co-Publishers” said Chairman and CEO, Jay Penske.

In a joint statement, Deutschman Rabishaw and Gold remarked: “It’s all about reimagining The Hollywood Reporter. Our goal is to work together to bridge the gap between sales and editorial, working to create new features and offerings across multiple platforms. It’s about capturing the mindset of a startup but having the legacy and foundation of a 90-year-old brand.”

The Hollywood Reporter became part of P-MRC Holdings in September 2020. The P-MRC Holdings media joint venture includes legendary brands Variety, The Hollywood Reporter, Rolling Stone, Billboard, VIBE and Music Business Worldwide. The Hollywood Reporter will continue to present a myriad of opportunities for both the industry and consumers surrounding its powerful and engaging award-winning editorial content, portfolio of live events and award shows.

Elisabeth Deutschman Rabishaw brings extensive experience and a proven track record developing products and revenue streams. Deutschman Rabishaw joined The Hollywood Reporter in 2010 and was an integral member of the sales management team that evolved the brand into a weekly magazine and digital platform. She began as the Executive Director of Television and Media for the company, then served as Vice President, Senior Vice President and ultimately Co-Publisher. Deutschman Rabishaw‘s innovative print and digital marketing programs including sales narratives for the Emmy Awards, helped define The Hollywood Reporter as a destination in the marketplace. Prior to joining The Hollywood Reporter, Deutschman Rabishaw held leadership positions at TV Guide and Metro Networks and was credited for numerous innovative sales programs and industry firsts.

Victoria Gold is a seasoned entertainment executive, most recently serving as The Hollywood Reporter’s Senior Vice President of Entertainment. She joined The Hollywood Reporter in 2010 and was an integral member of the sales management team, transforming the brand from a traditional daily into a weekly magazine. Gold’s levels of success with print advertising, first to market sales solutions and new digital media programs are noteworthy. Prior to joining The Hollywood Reporter, Victoria spent eight years at Variety where she managed and helped to grow Variety’s film business.

NEW YORK, NY DECEMBER 14, 2020: Penske Media Corporation (PMC) announces the appointment of Marissa O’Hare as VP of Business Development effective immediately.  O’Hare leads business development and audience growth initiatives for PMC’s portfolio of digital brands. She reports to Craig Perreault, Chief Digital Officer for the company, and is based in New York.

“Marissa is a seasoned media executive, uniquely poised to lead PMC’S strategies across social platforms, revenue generating partnerships and audience development teams across the entire portfolio. We are eager to leverage her talent and expertise” said Perreault.

In her most recent role, Marissa was the General Manager for Entertainment Weekly at Meredith Corporation. There, she managed the P&L for the brand, developed two podcasts, drove sales and created a more focused editorial feedback loop. Prior to Entertainment Weekly, Marissa spent over two years at the New York Post where she held the roles of VP, Audience Development and SVP, Digital Strategy.

Prior to the New York Post, Marissa held senior digital audience growth and business development roles at Wenner Media (Rolling Stone, Us Weekly, and Men’s Journal), POPSUGAR, NASDAQ, and Forbes. Marissa began her career at CNET working in digital product and marketing roles in San Francisco and London.

“PMC has always been a pioneering force in the digital media landscape. I am thrilled to join the team during a time of incredible growth and innovation. I’m excited to work in partnership with PMC’s thought leaders to generate new revenue streams and accelerate audience growth,” said O’Hare.

Marissa graduated from NYU’s Stern School of Business with a BS in Finance and Marketing.

ABOUT PMC

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, Billboard, The Hollywood Reporter, VIBE, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

Penske Media Corporation Press Contact

Brooke Jaffe

bjaffe@pmc.com

NEW YORK, NY December 14, 2020: Penske Media Corporation (PMC) is thrilled to announce the appointment of Rachel Terrace, SVP of Licensing and Brand Development. In Terrace’s new role she will lead licensing and brand extension activity in the U.S. across Penske Media’s portfolio of brands. Effective immediately, she reports to Craig Perreault, Chief Digital Officer for the company, and is based in New York.

“Rachel’s experience in branded consumer products and licensing will further enhance PMC’S ability to grow its revenue across the portfolio. We are thrilled to have her on board,” said Perreault.

A seasoned executive, Terrace brings a twenty-year track record of defining and implementing strategic vision and driving brand and revenue growth.
Prior to joining PMC, she was the founding Chief Marketing Officer of TIME’S UP, the non-profit organization advocating for gender equity at work. There she led partnerships, merchandise creation and brand activities for the organization. Previously, Terrace was the Senior Vice President of Brand Management at Beanstalk, an Omnicom brand extension and licensing agency. There she oversaw the strategic development and implementation of brand extension programs across multiple categories of business.  Over her more than 12 years with the agency, her award-winning work for premier and diverse brands, drove hundreds of millions of dollars in sales. Terrace began her career working in various marketing roles at American Express, Unilever, and Jupiter Research.

“Penske Media’s portfolio of iconic brands drives incredible loyalty and engagement with its audiences. I’m thrilled to have the opportunity to leverage the DNA of these brands and to extend them into new products and services that will drive new consumer touchpoints, experiences and meaningful new revenue streams for PMC,” said Terrace.

Terrace holds a BA in Political Science from Brown University and an MBA in Marketing and Management from Columbia Business School.

ABOUT PMC

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, Billboard, The Hollywood Reporter, VIBE, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

Penske Media Corporation Press Contact

Brooke Jaffe

bjaffe@pmc.com

LOS ANGELES, CA DECEMBER 2, 2020: Penske Media Corporation (PMC) today announced the appointment of Brooke Jaffe to Head of Public Affairs and Communications. In Jaffe’s new role, she will direct corporate messaging, media communications, issue management, corporate responsibility, information dissemination and communications strategy. Jaffe will work on all partnerships with celebrities, influencers, media outlets and institutions on brand-building initiatives across PMC’s portfolio of award-winning brands that include Billboard, Variety, The Hollywood Reporter, Rolling Stone, Robb Report, SHE Media, Deadline, ARTnews and WWD. Jaffe will also serve as a PMC media spokesperson. She joins PMC immediately, reporting to PMC’s Vice President of Human Resources and Corporate Communications Lauren Utecht and Vice President of Talent Relations Rebecca Bienstock.

“Brooke is uniquely qualified to step into this role – she is a poised communicator with an impressive background in business. She understands PMC’s premium brands as well as she understands content creation and strategy,” said Utecht and Bienstock. “We’re eager to work with Brooke to amplify our brands’ first-rate content and editorial talent on a global scale.”

A seasoned executive, Jaffe brings to the role 20 years of experience across editorial, retail, consulting, television production and on-camera expertise. Jaffe, has been a contributing editor at PMC since December of 2019, creating video and written content for Variety, Variety.com, Stylecaster and ARTnews. For ten years, Brooke served as Bloomingdale’s Women’s Fashion Director where she was responsible for determining business trends, discovering emerging talent, directing the merchandise selection for the company nationwide, developing innovative partnerships, the brand message, maximizing business opportunities and serving as a company spokesperson.

“I am thrilled to join PMC’s world-class team of executives and creative thought leaders in the midst of exciting growth and innovation,” said Jaffe. “It will be a privilege to share our brand story and unparalleled portfolio with new audiences and partners in compelling and creative ways.”

Jaffe began her career in Vogue magazine’s accessories department as an Assistant Editor. She then joined InStyle magazine where she held the position of Accessories Editor. Jaffe graduated cum laude from the University of Pennsylvania with a BA in English and Theater Arts. She will be based in PMC’s Los Angeles office.

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ABOUT PMC

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, Billboard, The Hollywood Reporter, VIBE, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

Contact

Lauren Utecht: lutecht@pmc.com

NEW YORK (November 9, 2020) — Rolling Stone, the number one brand in music publishing, is thrilled to announce the launch of Rolling Stone Korea. The new Korean-language edition will feature original content and on-the-ground reporting, as well as syndicated Rolling Stone articles most relevant to the Rolling Stone Korea audience. The launch will become Rolling Stone’s 12th international edition, joining the already successful editions of Rolling Stone in Germany, Australia, Japan, and others.  

The product is being produced in partnership with e.L.e Media, who bring a wealth of knowledge and expertise in the exponentially-growing Korean entertainment industry. The partnership, under a license agreement with Penske Media Corporation, will roll out a bi-monthly print edition, digital and video content, as well as events, beginning in November 2020.   

“The international popularity and success of music from Korea over the last few years has only grown our interest in launching the Rolling Stone brand in that market,” said Gus Wenner, President and Chief Operating Officer, Rolling Stone. “We’re excited to give readers in Korea and beyond access to the brand’s unparalleled editorial content and world-class live events that Rolling Stone is known for.”

“We are thrilled to partner with such an iconic brand as Rolling Stone to deliver the trusted news and incredible storytelling coming out of the Korean music scene,” said Ray Yeom, Founder and CEO, e.L.e Media.  “We see limitless possibilities for growth as leaders in the K-Pop industry, domestically and overseas, as we aim to create a ‘cultural world’ that’s unified through ‘music’.”

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Media Contact:   Rebecca Bernhard, rbernhard@pmc.com

About Rolling Stone:

Rolling Stone, the number one brand in music publishing, has been the leading voice of music and popular culture for over 50 years. The multi-media brand features the latest in music reviews, in-depth interviews, hard-hitting political commentary and award-winning journalism across several platforms including magazine, digital, mobile, social and experiential marketing. Headquartered in New York, Rolling Stone provides “all the news that fits” to a global audience of approximately 60 million people every month and publishes over 100 pieces of content every day. For more information, please visit www.rollingstone.com.

LOS ANGELES – October 22, 2020 – Leading independent media and entertainment companies MRC and Penske Media Corporation (PMC) announced today a new joint venture to bring together their respective data businesses. The newly formed company combines MRC Data (formerly Nielsen Music), Alpha Data and Variety Business Intelligence, with MRC and PMC sharing equal ownership and control. The announcement, effective today with a transition period through early-2021, was made by MRC CEOs Asif Satchu and Modi Wiczyk and PMC CEO Jay Penske. Current MRC Data President Deanna Brown will serve as interim head, overseeing day-to-day operations.

“As we compete with industry titans who have an arsenal of data at their fingertips, we’re proud our businesses represent the trusted independent source known for delivering comprehensive, timely, and accurate data in entertainment,” said Penske, Satchu and Wiczyk. “Data transparency must be a critical component of our industry and our society’s future, and this new company will leverage our collective data products, people, and expertise to provide solutions for the global entertainment community.”

The key highlights of the new company include:

• Global data solutions that span music, film, television and digital industries
• Expertise in music with data that powers domestic and global charts which consumers and artists have relied upon for decades for transparency in music
• State-of-the-art platforms, powerful analytics tools and dashboards to further enhance data offerings for clients
• Domestic and global first-party and aggregated data sets
• Expert daily, weekly, monthly analysis and deep dive reports from leading data scientists and robust research capabilities

Established in 2019 through the acquisition of Nielsen Music, MRC Data is a leading global provider of data and analytics to the entertainment and music industry and consumers. MRC Data services all digital service providers (DSPs), labels, airplay, and music retailers. MRC Data includes Billboard charts, which first launched in 1940. Known as the industry standard, the Billboard charts encompass the most complete and well-respected database of charts across all music genres. MRC Data products include Music Connect, Broadcast Data Systems and Music360, which collectively capture and represent the most robust dataset related to music sales, performance, artist activity, and consumer engagement. MRC Data recently unveiled its global Music Connect product, which powers the new Global Billboard Charts.

Alpha Data, formerly known as BuzzAngle, is the world’s premiere music-analytics tool and daily-reporting service. Alpha Data+, the subscription tool and service, is widely used by the music industry for its daily, of-the-moment charts, powerful filter sets and global enterprise data solutions. Alpha Data powers the Rolling Stone charts, which launched in July 2019. Alpha Data recently announced a forthcoming cloud application to enhance user experience with lightning-fast feeds.

Variety Business Intelligence (VBI) is the entertainment industry’s premiere metadata provider for filmed content across the US and international. VBI oversees Variety Insight, the leading entertainment research and information platform, and a familiarity and appeal metric, Vscore. The division also oversees the Variety Archives, which encompasses Variety’s editorial content from 1905 to the present. VBI was created when Variety acquired TVtracker, the leading research and data solution in the TV industry in 2011.

PMC and MRC previously announced the formation of PMRC Holdings, a joint venture bringing together The Hollywood Reporter, Variety, Rolling Stone, Billboard, Vibe and Music Business Worldwide. It also announced a content partnership to produce television, film and other formats whereby MRC will access the intellectual property across the portfolio of PMRC brands.

The financial terms of the deals were not disclosed.

ABOUT MRC:

MRC is a diversified global entertainment company with divisions including Film, Television, Live & Alternative and Non-Fiction as well as joint ventures in data and publishing. MRC Television is the largest and most award-winning independent TV studio in North America. MRC Live & Alternative is the largest producer and proprietor of live-event entertainment programming broadcasts worldwide. MRC Film and Non Fiction source, develop, finance, and produce critically-acclaimed films, docuseries and feature documentaries. MRC and PMC have formed a publishing joint venture and a strategic content partnership with brands The Hollywood Reporter, Variety, Billboard, Rolling Stone, Vibe and Music Business Worldwide. MRC and PMC’s data venture brings together MRC Data, Alpha Data and Variety Business Intelligence. MRC owns a majority stake in Civic Center Media, A-Major Media and has minority investments in A24, Fulwell 73, Sugar23 and T-Street. For more information on MRC Entertainment^TM please visit: www.mrcentertainment.com.

ABOUT PMC

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, Billboard, The Hollywood Reporter, VIBE, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

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Contacts:

Emily Spence, espence@mrcentertainment.com

Lauren Utecht, lutecht@pmc.com

SEPTEMBER 28, 2020 (LOS ANGELES, CA) — Penske Media Corporation (PMC) today announced the appointment of Mike Monroe to Chief Marketing Officer, Head of PMC Studios. In this new position, he will lead the development of PMC Studios, Integrated Marketing & Creative Services, Account Management, and Communications for the Portfolio Sales team working in conjunction with PMC’s portfolio of award-winning brands, which includes Rolling Stone, Variety, Robb Report, SHE Media, Deadline, ARTnews and WWD. He will be based in PMC’s LA office.  

“We are thrilled to have found someone of Mike’s caliber and experience to lead the sales development and account management as well as the expansion of our custom solutions unit, PMC Studios, while also working collaboratively with a core group of the Penske Media brands,” said Mark Howard, Chief Advertising & Partnerships Officer, to whom Monroe will report. “Mike’s wide breadth of expertise in building and leading award-winning marketing organizations will help us drive significant growth through partnerships with some of the world’s largest advertisers.”  

Monroe will be responsible for the Portfolio Sales team’s pre-sales ideation and cross-brand collaboration, post-sales campaign management for the Portfolio Sales unit and will lead a communications strategy that continues to position the PMC brand as an innovative leader within the industry.  

An accomplished senior executive with over 15 years of advertising and marketing leadership experience across multiple verticals, Monroe will play a senior leadership role at PMC, providing strategic direction within the Portfolio Sales unit on the role of first party data, development of enhanced creative services and innovative new product development to serve PMC’s breath of top clients.    

“Penske Media has become synonymous with entertainment, culture and business. I am thrilled to join a team dedicated to connecting this portfolio of brands to new audiences and partners in cutting-edge and creative ways,” Monroe said about his appointment.  

Prior to joining PMC, Monroe served 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. Before Sundance, he was Vice President of Marketing for The Atlantic and head of that publisher’s in-house studio, Atlantic Re:think. Under his leadership The Atlantic was named “Marketing Team of the Year” by Folio, “Content Team of the Year” and “Best In-House Studio” by Digiday, and “Studio of the Year” by the Native Advertising Awards. Monroe previously held marketing and content leadership roles at Forbes and Condé Nast. He is a member of Min’s Marketing Hall of Fame, was named “marketer of the year” by the Native Advertising Institute, and was included in AdWeek’s 2019 “Creative 100.”

Monroe graduated from Boston University with a Bachelor of Science in Communication and completed the CORE Credential program with Harvard Business School Online. He currently lives in Los Angeles.

LOS ANGELES – September 23, 2020 – Leading independent media and entertainment companies Penske Media Corporation (PMC) and MRC announced today a deal to create two joint ventures in publishing and content, with both companies holding significant ownership. The announcement, effective today with a transition period through the end of 2020, was made by PMC CEO Jay Penske and MRC CEOs Asif Satchu and Modi Wiczyk.

The first joint venture establishes PMRC which includes some of the most iconic brands in entertainment and music. These distinguished brands include PMC’s Variety, Rolling Stone and Music Business Worldwide interests along with MRC’s The Hollywood Reporter, Billboard and Vibe. Together, these brands offer clients opportunities to reach an influential audience at scale through editorial, advertising and other marketing solutions. PMRC’s day-to-day operations will be led by PMC, a digital media pioneer and platform innovator whose ever-growing constellation of iconic brands include Deadline, WWD, SHE Media, Sportico and Robb Report, among many others.

“These are all brands I’ve long admired. Billboard, The Hollywood Reporter, and VIBE have created some of the finest content in their respective industries and have contributed immensely to the heightened quality of journalism covering entertainment and music today,” said Penske. “We feel very fortunate for this valuable partnership with the exceptional MRC team and the opportunity to continue the legacy of these tremendous brands for the next many decades.”

“We have a great deal of respect for Variety, Rolling Stone and Music Business Worldwide and, as importantly, the leadership at PMC who we’ve gotten to know well and look forward to partnering with in both these businesses,” said Satchu and Wiczyk.

The second joint venture includes a new content partnership that will activate the power of the production infrastructure and expertise of MRC across PMRC intellectual property (IP). Notably, the joint venture includes two significant global music brands at a time where interest in music based content has exploded. MRC will be tasked with developing the collective brand IP across all of its content divisions including Television, Film, Live & Alternative and Non-Fiction. MRC has a proven track record with a roster of award-winning and high profile titles which reach hundreds of millions of unique viewers a year including: Emmy-nominated “Ozark,” “The Great,” “The Outsider,” “Golden Globe Awards,” “Fyre Fraud;” best-in-class live event music series including “Billboard Music Awards” and “American Music Awards,” and Academy Award and Golden Globe nominated “Knives Out” and other iconic films like “Ted” and “Baby Driver.” The long-form content alliance will be managed by MRC.

Transaction Highlights:

• PMRC has become home to the publishing operations and legendary brands: Variety, The Hollywood Reporter,Rolling Stone, Billboard, Vibe and Music Business Worldwide.
• The content joint venture compliments MRC’s expertise in producing award-winning, high-profile titles across film, television, non-fiction and live events.
• The Hollywood Reporter, Billboard and Vibe going forward will leverage the Penske Media  infrastructure and be placed on the PMC tech and delivery platforms.
• MRC will collaborate with the PMRC brands to create new opportunities for industry and consumers surrounding its powerful portfolio of live event and awards shows.
• There are no leadership changes at PMC or MRC as a result of these ventures, and both PMC and MRC will continue to operate independently.
• The financial terms of the deal were not disclosed.

ABOUT PMC

PMC is a leading independent global media and information services company whose award-winning content attracts a passionate monthly audience of more than 310 million. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Deadline, Variety, Rolling Stone, WWD, SHE Media, Robb Report, Sportico, BGR, ARTnews, Art in America, Fairchild Media, and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth and courage. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good. To learn more about PMC, our 2% Foundation, and our portfolio of brands, please visit www.PMC.com.

ABOUT MRC:

MRC is a diversified global entertainment company with divisions including Film, Television, Live & Alternative, Non-Fiction, and Data. Leading independent studios MRC Film and MRC Television source, finance, develop and produce critically-acclaimed and award-winning films and shows alongside some of the industry’s foremost creative artists. MRC Non-Fiction finances and produces feature documentaries and docuseries for global audiences, and dick clark productions, part of MRC Live & Alternative, is the largest producer and proprietor of television live-event entertainment programming broadcasts worldwide. MRC Data was established recently with the acquisition of Nielsen Music’s data and insights product suite and includes the definitive industry Billboard Charts. MRC recently teamed with PMC to form PMRC with two distinct joint ventures in publishing and content that combine The Hollywood Reporter, Variety, Billboard, Rolling Stone, Vibe and Music Business Worldwide. MRC owns a majority stake in A-Major Media and has minority investments in A24, Fulwell 73, Sugar23 and T-Street. For more information on MRC Entertainment^TM please visit: www.mrcentertainment.com.

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Contacts:

Emily Spence: espence@mrcentertainment.com

Lauren Utecht: lutecht@pmc.com

Michael Atmore has been appointed Chief Brand Officer, Fairchild Media and Edward Hertzman has been promoted to EVP, Fairchild Media, Founder and President of Sourcing Journal.

New York, NY—August 31, 2020: Fairchild Media, a division of Penske Media Corporation (PMC), is pleased to announce the promotion of two senior leaders, Michael Atmore and Edward Hertzman.

Michael Atmore, previously Brand Development Director, Fairchild Media and Editorial Director, Footwear News, has been elevated to Chief Brand Officer, Fairchild Media. Atmore will continue to oversee the editorial direction of Footwear News, while helping to drive editorial content and stronger branding across all Fairchild Media properties, including WWD, Beauty Inc, Sourcing Journal and Fairchild Live.

“Every title in the Fairchild portfolio is a market dominator and in these incredible times, we know our readers need us more than ever before,” said Atmore. “I look forward to deepening the digital prowess to create the kind of content that plays on our incredible history while defining the future.”

“Michael has done a phenomenal job growing the size and scale of the Footwear News audience,” said PMC CEO Jay Penske. “He has been instrumental in building and driving successful ecommerce initiatives at FN, which will be a key focus area across all Fairchild Media titles.”

“Footwear News continues to break records with its traffic numbers, and I look forward to working with Michael across the Fairchild Media portfolio,” continued Penske.

Edward Hertzman, previously Founder and President of Sourcing Journal, has been promoted to EVP of Fairchild Media, Founder and President of Sourcing Journal. Hertzman will be responsible for growing the businesses of all Fairchild Media titles, in addition to continuing to lead the day to day operations at Sourcing Journal.

As an added responsibility, Hertzman will be tasked with growing Fairchild Media’s strategic content studio. Custom, strategic content has been an extremely successful endeavor across brands, producing engaging, informative and interactive content with the goal of helping industry partners elevate themselves in a highly competitive market.

“I’m looking forward to the opportunity to help shape the future of these iconic publications and to empower the next generation of industry executives at this pivotal time,” said Hertzman. “The combined power behind these brands will enable PMC to create a level of content, products and events that is unmatched. As the industry finds its footing in this new normal, I’m confident that custom and strategic content, which has already proven to be a lifeline for our fashion clients, will play a vital role in enabling brands, retailers and suppliers to differentiate themselves in this highly competitive market.”

“Eddie has grown the Sourcing Journal brand exponentially since PMC’s acquisition, in both revenue and editorial coverage,” said PMC CEO Jay Penske. “I am thrilled to continue working with Eddie as he helps to grow not only our Content Studio, but the entire Fairchild business.”

Prior to joining Fairchild in 1997, Atmore was founding Editorial Director and Publisher of Footwear Plus. He has an extensive background in retail, having served as Editorial Director for a group of retail-based publications at International Thomson. He has also held top editorial positions at U.S. Business Press and Harcourt Brace.

Hertzman received a degree in economics from NYU and spent more than a decade working as a top executive for major sourcing companies all over the world, including Synergies Worldwide and Pearl Global. He has partnered with globally recognized retailers and wholesalers all over the world with special expertise in Pakistan, Bangladesh, India and China. Mr. Hertzman sits on the Board for Delivering Good, a charitable organization that channels the resources of the fashion industry to those in need. In 2009, in response to a need in the industry, he founded Sourcing Journal Online, which was acquired by PMC in 2017.

NEW YORK, NY AUGUST 18, 2020: Penske Media Corporation (PMC)’s Fairchild Media today announced the appointment of Amanda Smith to President. In Smith’s new role, she will lead sales, marketing, live media and business operations across Fairchild’s WWD, Footwear News, Sourcing Journal and Beauty Inc. Smith’s appointment is part of a strategic shift that will for the first time bring all of PMC’s leading fashion brands under a single leadership and growth strategy. Smith will oversee all revenue streams including advertising, events, subscriptions, and ecommerce and she will directly manage the sales and marketing teams across WWD, FN and Beauty Inc as well as all live media and branded content across Fairchild Media. She will join Fairchild in September, reporting to PMC’s Executive Vice President and General Manager of Operations Tom Finn.

“Amanda is a strategic sales leader with an impressive breadth of knowledge when it comes to innovations that join quality content with new revenue streams,” said PMC Chairman and CEO Jay Penske. “I look forward to working with her as we advance the Fairchild business.”

“In this fast-changing and challenging market, creating a unified growth strategy at Fairchild will enable us to greater leverage the editorial excellence of the four publications across all platforms as well as the myriad live events Fairchild organizes throughout the year,” said Fairchild Media Editorial Director Jim Fallon. “I look forward to working with Amanda as we continue to grow Fairchild’s outstanding brands.”

Smith joins Fairchild from Fast Company, where she most recently served as Vice President, Publisher. In that role she led and managed a cross-platform team to drive revenue across Fast Company’s entire product suite including digital, events, video, social, native content, branded content, programmatic and print. She specialized in developing strategies for new opportunities, innovations and first-to-market programs and her work resulted in exceeded revenue goals and increased profitability for the business. Prior to Fast Company, Smith was Head of Sales at Condé Nast Traveler and Associate Publisher for Luxury for T Magazine at The New York Times. She’s also worked at Vogue and The Wall Street Journal.

“It’s a true honor to join PMC and to lead Fairchild Media during this deeply transformative moment when coming together to grow the portfolio of audiences and business is essential,” said Smith. “Fairchild’s iconic brands serve a critical role across the communities of the fashion, footwear and beauty industries, where our commitment to relentless innovation—industrywide and through our media platforms—can shine a bright light on the positive future and outcomes we all desire.”

Smith holds a master’s degree in journalism and mass communication from the University of Wisconsin-Madison and a bachelor’s degree in journalism from Drake University. She will be based in PMC’s New York office.

LOS ANGELES, CA AUGUST 11, 2020: Penske Media Corporation (PMC) today announced the appointment of Paul Rainey to Executive Vice President of Operations and Finance. In Rainey’s new role, he will work across PMC’s portfolio of award-wining brands, which includes Rolling Stone, Variety, Robb Report, SHE Media, Deadline, ARTnews and WWD. He will be based in PMC’s LA office.

“We are very fortunate to have found someone of Paul Rainey’s caliber and experience to lead a core group of the Penske Media brands,” said PMC Chairman and CEO Jay Penske, to whom Rainey will report. “Paul’s wide breadth of expertise in finance and operations will continue to help us thoughtfully scale our businesses for the long-term.”

An accomplished senior executive with over 20 years of financial leadership experience across multiple verticals, Rainey will play a senior leadership role at PMC in all operation and financial decision-making affecting the various operating companies that will report into him. He will provide strategic financial input to senior management across corporate as well as across various lines of business, including the development and implementation of operational and financial procedures to improve and maintain the financial health of PMC and its leading media brands. He will also guide acquisitions and investments.

“I am eager to step into this exciting role at such a vibrant company with incredible growth potential on the horizon,” said Rainey. “I look forward to working with Jay and PMC’s leadership to ensure operational excellence and continued growth across each of the properties under my leadership.”

Rainey’s experience includes regulatory compliance, capital markets, financial planning and analysis, communication, business growth and all aspects of mergers and acquisitions. He previously served as Executive Vice President and Chief Financial Officer of Global Eagle Entertainment, a public company in the entertainment and satellite communications industry, where, under his leadership, the company secured a $150 million private equity investment. Prior to that, Paul was Chief Financial Officer of Harris CapRock Communications, where he led the successful sale of that business for $425 million. Before joining Harris CapRock Communications, Paul held several financial leadership roles with increasing responsibilities spanning 15 years with the General Electric Company including CFO of GE Lighting Professional Solutions and their Power Equipment business.

Rainey holds a Master of Science in Accountancy and a BBA in Finance and Computer Applications from the University of Notre Dame where he graduated cum laude. Rainey additionally walked-on the Notre Dame basketball team after receiving an academic scholarship, only to become the team captain in his senior year at Notre Dame.  He is also Black Belt Six Sigma certified. He will be working from the Los Angeles headquarters of Penske Media.

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About PMC

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 million global CEOs, executives, and thought-leaders in business markets that impact the world. Our dynamic events, data services, and rich content entertain and educate today’s technology, entertainment, retail, fashion, beauty, art and lifestyle sectors. Headquartered in New York and Los Angeles with additional offices in 12 countries worldwide, Penske Media is the way global business leaders and influencers are informed, connected, and inspired. To learn more about PMC and its constellation of iconic brands, please visit www.pmc.com.

PMC Press Contact

Lauren Utecht

lutecht@pmc.com

310-925-0424

New York, NY AUGUST 6, 2020: Fairchild Media, a division of Penske Media Inc., today announced changes in the editorial operations of WWD and Sourcing Journal.

Tara Donaldson, currently editorial director of Sourcing Journal, has been named an Executive Editor, WWD and Head of Diversity, Equity and Inclusion, Fairchild Media. In her new role, she will help guide diversity, equity and inclusion efforts across Fairchild Media. With this transition, Peter Sadera has been appointed editor in chief of Sourcing Journal.

Donaldson joined Sourcing Journal in September 2013, prior to which she was a Community Editor at Tripfilms, as well as a freelance writer and merchandiser at two leading apparel companies. She has a bachelor of arts degree from California State University and a master’s degree from Syracuse University’s Newhouse School of Public Communications. She also is the founder of The Diversity List, which highlights ethnic and gender diversity at 100 leading fashion companies.

In her new roles, Donaldson will help guide a global digital-first WWD newsroom with a focus on collaboration for breaking news, high-quality editorial contributions to Fairchild Media Live events, and an innovative and sustainable DEI strategy.
“Tara’s focus on diversity within the fashion industry will bring valuable insights to WWD’s coverage of that issue as we continue to hold the industry to a higher standard,” said James Fallon, editorial director of WWD and Fairchild Media. “Her digital expertise also will help us to develop features and breaking news stories with even greater depth and engagement. We are very excited she is joining us.”

“I’m excited to be joining a publication with WWD’s history and prestige, and I look forward to both honoring its legacy and adding something new to help carry the publication into its future,” said Donaldson.

“I’ve watched Tara’s career progress at Sourcing Journal, where she has consistently led smart and effective content strategy focused on digital,” said PMC CEO Jay Penske. “I’m eager to watch her contributions unfold in her new roles, leading the WWD newsroom through its final stages of digital transformation while also driving vital diversity, equity and inclusion priorities.”

Sadera is a 20-year veteran of Fairchild, serving in various editorial roles at WWD prior to becoming managing editor in 2010. As editor in chief of Sourcing Journal, he will use his expertise to help the publication’s founder and president Edward Hertzman to further develop its ever-expanding coverage of sourcing, trade and related financial issues, as well as its live events offerings.

“It’s with great excitement that I join the wonderful team at Sourcing Journal and Rivet,” said Sadera. “I look forward to continuing to build on the success the brand has enjoyed under Eddie’s deft stewardship and am anticipating strong growth in the years ahead.”

“It is virtually impossible to find someone with the media and fashion industry experience that Pete has,” said Hertzman. “His extreme devotion to the trade and his extensive knowledge of the industry will be critical as Sourcing Journal looks to continue its accelerated growth. I look forward to working with Pete as we continue to extend this brand, making it an essential resource across the soft goods supply chain and beyond.”

“As one of the first employees of Sourcing Journal, Tara was instrumental in developing the brand and helping shepherd the business from its earliest days,” continued Hertzman. “While she will be missed, I know she will bring the same level of enthusiasm to WWD, and I look forward to seeing how she will help shape that content for the next generation of fashion executives.”

With more than 75,000 subscribers, Sourcing Journal Online is the largest B2B publication devoted to the sourcing apparel and textile supply chain.

The Sports Business Publication Debuts With Its Sights Set On Live and Digital Events, One-Of-A-Kind Insights and Data Analysis, and Breaking Sports Business News Covered By The World’s Top Journalists

Tuesday, June 30, 2020 (New York, NY) — Today, digital sports media company Sportico officially launched as the go-to destination for industry leaders, sports professionals, media executives and everyone in the sports ecosystem to discover the latest in sports business news and insight. But Sportico is not just a sports media vertical — it’s a brand that pledges to be the highest-quality digital content platform providing industry news, insight, strategies, data and live media for sports industry insiders and sports fans across the world. In short, it will be the default resource for professionals in the $500 billion sports industry.

Sportico will publish a morning newsletter, JohnWallStreet by Sportico; breaking news alerts throughout the day; and an evening newsletter, Sportico — The Lead. It will also be producing podcasts, live events, curated leadership gatherings and compelling video stories.

“This is an unprecedented time in the sports industry. It is more important than ever that smart, fast, high-quality news and information be gathered and distributed every day, throughout the day,” said President and CEO Dick Glover. “We look forward to breaking news, moving markets, informing and educating.”

“Sports is billion-dollar entertainment, inextricably linked to finance, real estate, technology and media,” said editor-in-chief Scott Soshnick. “Sportico will reside at the intersection of it all, delivering to our community the kinds of stories they won’t get anywhere else. It’s go time.”

Earlier this year, Penske Media Corporation (PMC) announced its strategic investment in the sports business industry with the launch of Sportico, a high-quality digital content platform providing fair and dynamic sports industry news, data, information, strategies, leadership, insight and live media. Heading the venture as President and CEO is veteran sports and entertainment executive Dick Glover, with award-winning sports business reporter, Scott Soshnick, serving as the platform’s Editor-in-Chief and Head of Content.

We invite you to join our growing community. Visit www.sportico.com for the latest sports industry news, data, insights, and follow us on Twitter @Sportico for exclusive, breaking sports business news.

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Media Contact:

Rebecca Bernhard

Sportico Director of Communications

rbernhard@pmc.com

About Sportico:

Sportico is a digital content platform providing sports industry news, data, insights, strategies, leadership and live media experiences for professionals in the $500 billion sports industry. Launched in 2020 as the global media and publishing leader in the business of sports, Sportico has offices in New York and Los Angeles and reporters throughout the world committed to providing breaking news in the sports business industry covered by the world’s top journalists. For more information, please visit www.sportico.com and follow us on Twitter @Sportico.