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, 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.