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Variety, Penske Media Corporation - Big Change in the Industry


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Hopefully this doesn't "highlight" a competitor (and apologies in advance if it does) but this is a very big change - at least here in the U.S.  I think it's important and very relevent to those of us in the stock industry - especially those of us who shoot editorial images.

 

http://www.businessinsider.com/shutterstock-just-sealed-a-massive-deal-with-varietys-owners-2015-6

 

I am hoping that Alamy can also capitalize on those losing faith in abilities of competing agencies as well.

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About Penske Media

 

http://pmc.com/about-us/

 

 


Penske Media Corporation (PMC) is a leading digital media, publishing, and information services company founded in 2003. PMC engages with thriving audiences across the web, television, mobile, print and social media – reaching more than 168 million audience members monthly (comScore, 2015), and was recently named one of the Top 100 Private Companies in the United States & North America. With the preeminence of its brands, PMC is one of the largest digital media companies in the world, publishing more than 22 digital brands, including an extensive joint venture in India with ZEE TV, as well as more than 50 annual events/conferences and a dynamic research and emerging data business. PMC brands include PMC Studios, WWD, Footwear News, M, Deadline.com, Variety magazine, Variety.com, CricketCountry.com, HollywoodLife, Beauty Inc, ENTV, India.com, Movieline, TVLine, BGR, AwardsLine, @hollywood, LA411, NY411, Young Hollywood Awards, The Style Awards, and Breakthrough of the Year Awards. The company is headquartered in Los Angeles, California and 11 offices around the world.

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