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“#Jay Penske and Janice Min find ‘resolution’ over key editorial hire” An unusual tug-of-war between a pair of media moguls over a Hollywood journalist has given way to an equally unusual compromise. Tatiana Siegel — executive film editor at The Hollywood Reporter — said on Twitter Wednesday that she will move to “Rolling Stone,” where…
“#Rolling Stone names top Daily Beast staffer as new editor in chief” Rolling Stone magazine named Noah Shachtman, the top editor at the Daily Beast, as its new editor-in-chief, ending a five-month search for a replacement. Shachtman, who will start the new gig in September, replaces Jason Fine, who in February was moved to director…
“#WWD in turmoil after staffer behind grievance forum canned” Already depressed morale at “fashion bible” WWD hit a new low when a reporter behind a forum letting staffers vent their grievances was unceremoniously canned last week, Media Ink has learned. Los Angeles-based reporter Kali Hays was let go after four years at the Penske Media-owned…
“#Penske Media buys big stake in SXSW in bid to save festival: report” Penske Media Corp. — the publisher of titles including Rolling Stone, Billboard and Variety — has struck a deal for a 50 percent stake in South by Southwest, according to a report on Sunday. The deal will give the popular Texas tech,…
“#Rolling Stone hits back amid calls to boycott magazine” Rolling Stone is punching back after a blog post claimed that the magazine “sold out” to President Trump and the Saudis under its owner Jay Penske led to calls for a boycott. The story, by “The Hill Reporter” dubbed “The Demise of Rolling Stone: How A…
“#Jay Penske’s WWD cuts jobs as DOJ clears his Hollywood Reporter merger” Fashion publication Women’s Wear Daily handed out pink slips on Wednesday — just two months after its long-time owner, Penske Media, agreed to shell out $225 million to merge with the publisher of The Hollywood Reporter. That deal, which attracted antitrust review because…
“#DOJ probing Penske Media’s deal to buy The Hollywood Reporter” The Department of Justice is investigating antitrust concerns surrounding Penske Media’s deal to buy The Hollywood Reporter, The Post has learned. Sources close to the situation said the DOJ has begun a formal and “active investigation” of the merger, concerned that it would put three…
“#Claudia Eller returns to Variety after suspension over reporter spat” The return of Variety’s suspended editor-in-chief may require an enormous amount of bridge building in a new management structure that seems ripe for problems. Claudia Eller, who was suspended from her editor-in-chief job at Variety for five months over a spat with a reporter who…
“#Jay Penske picks up tab for ex-Penske Media staffers at Pastis” Jay Penske — the owner of WWD, Rolling Stone, Deadline and Variety, who also just snapped up the Hollywood Reporter — unwittingly gave an extra gift to some former employees at Pastis on Wednesday night. We hear that the racing scion noticed that two…
“#Penske Media paid $225M for 80% stake in Hollywood Reporter parent” Wednesday’s merger of the publishers behind two rival Hollywood magazines — The Hollywood Reporter and Variety — was billed as a joint venture. But Media Ink has learned that Variety owner Penske Media Corp. (PMC) paid about $225 million to control 80 percent of…