
Penske Media Corporation owns 1 brand in our database. Browse the complete portfolio of Penske Media Corporation subsidiaries and brands across various industries.
Company Type
private
Headquarters
Los Angeles, California, USA
Brand Portfolio
1 brands
What is Penske Media Corporation?
PMC is a private American media, publishing, and live events company headquartered in Los Angeles. It owns more than 20 brands including Variety, Rolling Stone, The Hollywood Reporter, Billboard, SHE Media, and Dick Clark Productions.
Who owns Penske Media?
Founder Jay Penske owns approximately 60 percent and serves as chairman and CEO. Minority stakes are held by investment partners including Eldridge Industries through a joint venture.
Is Penske Media publicly traded?
No. PMC is a private company and does not trade on any stock exchange.
When was Penske Media founded?
Jay Penske founded the company in 2003 as Velocity Services. It was renamed Mail.com Media Corporation in 2007 and took the Penske Media name in 2012 after acquiring Variety.
Where is Penske Media headquartered?
PMC is headquartered at 11355 West Olympic Boulevard in Los Angeles, California, with major offices in New York.
Does PMC own SHE Media?
Yes. PMC acquired SheKnows Media in March 2018 for approximately $40 million; the unit rebranded as SHE Media in November 2018 under CEO Samantha Skey.
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Penske Media Corporation maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Penske Media Corporationprovides valuable insights into market dynamics, product relationships, and corporate strategy.