Penske Media Corporation
Penske Media Corporation (PMC ) 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. Provided by Wikipedia