Mike Fleming Jr Co-Editor-in-Chief, FilmBig news for Deadline’s parent company PMC. Here goes:PENSKE MEDIA AND MRC FORM PUBLISHING AND CONTENT VENTURESNewly Established PMRC Will Steward Rolling Stone, The Hollywood Reporter, Variety, Billboard, Vibe and Music Business WorldwideContent Partnership Will Produce Television, Film and Other Formats With Access to Intellectual Property Across the Portfolio of BrandsLOS ANGELES – September 23, 2020 – Leading independent media and entertainment companies Penske Media Corporation (PMC) and MRC announced today a deal to create two joint ventures in publishing and content, with both companies holding significant ownership.
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