Penske Media Corporation

Penske Media Corporation
FormerlyVelocity Services (2003–2007)
Company typePrivate
Industry
PredecessorMail.com Media Corporation (2007–2012)
Founded2003 (2003)
FounderJay Penske
Headquarters11175 Santa Monica Boulevard, Los Angeles, California, U.S.
Key people
Jay Penske
(CEO)
OwnerJay Penske
(60%)
DivisionsPenske Business Media, LLC.
PMC Studios
Subsidiaries
Websitepmc.com Edit this at Wikidata
Footnotes / references
[1][2][3]

Penske Media Corporation (PMC /ˈpɛnski/) is an American mass media, publishing, and information services company based in Los Angeles and New York City. It publishes more than 20 digital and print brands, including Variety, Rolling Stone, Women's Wear Daily, Deadline Hollywood, Billboard, The Hollywood Reporter, Boy Genius Report, Robb Report, Artforum, ARTNews, and others. PMC's Chairman and CEO since founding is Jay Penske.

In addition to media publications, Penske Media Corporation owns the Life Is Beautiful Music & Art Festival and is a 50 percent stakeholder in South by Southwest. It is also the owner of Dick Clark Productions which includes the award shows Golden Globe Awards, American Music Awards, Streamy Awards, Academy of Country Music Awards, and the Billboard Music Awards.

  1. ^ "Penske Media Corp. Gets $200M Investment From Saudi Fund". WWD. 28 February 2018. Archived from the original on Oct 25, 2021.
  2. ^ Fleming, Mike Jr. (20 December 2017). "PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner Media".
  3. ^ "Board of Directors and Advisory Board". Penske Media Corporation. Retrieved 13 December 2023.