In addition, PMC owns cultural events including SXSW, LA3C, Life is Beautiful, Latin Music Week and ATX Television Festival. In addition to Variety, PMC brands include Rolling Stone, The Hollywood Reporter, Billboard, Dick Clark Productions, WWD, SHE Media, Robb Report, Deadline, Sportico, BGR, ARTnews, Fairchild Media, Vibe, IndieWire, Dirt, Artforum, Gold Derby, Spy.com and Luminate. Cookies can be created through a variety of web-related protocols and technologies, such as HTTP (sometimes referred to as browser cookies), HTML5, or Adobe Flash. Morgan Lewis served as PMC’s legal adviser, in addition to Panarae Group, which acted as a corporate adviser. A cookie (sometimes referred to as local storage object or LSO) is a data file placed on a device. ![]() LionTree acted as financial adviser to Vox Media, while White & Case LLP acted as its outside legal adviser. In addition, this investment by Penske Media will allow Vox Media to continue scaling its existing brands and operations, while providing resources for future acquisitions, and is another step forward in the ongoing ascent of Vox Media.” Our two companies share a similar history of organic and acquisitive growth over time, and it made sense to invest for the future.”īankoff said in a statement, “We couldn’t ask for a better partner than Jay and Penske Media to invest in our company’s future success, and help us build on and accelerate the leading creative and business strength across our organization. The Penske Media and Vox Media alliance will further cement both companies as leaders in modern media and take advantage of new opportunities at scale. “We deeply respect the track record of both Jim Bankoff and the senior leadership team at Vox, and the company’s remarkable growth over the last decade. ![]() “I have long admired Vox Media’s world-class editorial teams and brands,” Penske said in a statement. News of PMC’s deal with Vox Media comes less than a month after Vox Media said it was laying off 7% of its employees, eliminating about 130 jobs. Get curated picks of the best Vox journalism to read, watch, and listen to every week, from our editors.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |