Penske Media Eldridge Now Owns Dick Clark Productions, Including Golden Globes and American Music Awards
indiewire.com
2 min read
Penske Media Eldridge Now Owns Dick Clark Productions, Including Golden Globes and American Music Awards
Penske Media Eldridge has acquired Dick Clark Productions in a major corporate expansion.
PME, the new live-content brand of Penske Media Corporation, has announced that unscripted content producer DCP is now part of IndieWire’s parent company, which also owns Variety, Rolling Stone, Billboard, WWD, and more top brands. Under the new deal, PME owns the Golden Globes and Dick Clark’s Rockin’ New Year’s Eve broadcast, as well as the American Music Awards and “So You Think You Can Dance” FOX reality series.
“I am thrilled to expand our partnership with Eldridge and Todd,” Jay Penske, CEO and Founder of Penske Media, said. “I have long admired DCP’s portfolio of iconic and prominent live entertainment brands and look forward to growing and evolving DCP’s footprint and legacy for future audiences across all platforms.”
Todd Boehly, Chairman and CEO of Eldridge Industries, added, “At Eldridge, we seek to grow businesses that stand the test of time. Our decision to build upon our partnership with Penske Media, with whom we already have a deep alliance around media and publishing, is in service to that goal – so DCP may continue to flourish for many decades to come.”
Financial details of the deal have not been publicly disclosed.
Dick Clark Productions was taken over by Eldridge Industries from MRC in August 2022 through a media asset split, via The Hollywood Reporter. Former NBCUniversal executive Adam Stotsky will exit as president of DCP upon the new PME deal. DCP, which was previously known as MRC Live and Alternative, was founded in 1957 by its TV presenter founder Dick Clark, who died in 2012.
Eldridge Industries investment firm is run by Boehly, who is the president and CEO of the Hollywood Foreign Press Association behind the Golden Globes awards ceremony. The Golden Globes broadcast was recently reinstated under a one-year deal with NBC following the revelation that the HFPA lacked perse voters. New leader Boehly has since made the organization a for-profit company.
Eldridge Industries also owns stakes in entertainment companies like A24, Fullwell Productions, and Film Expo Group. The company is additionally part owner of the Los Angeles Dodgers franchise and English Premier League club Chelsea.
Related News & Content
-
Use wp.media templates to create totally custom modal
Use wp.media templates to create totally custom modal,Following up on this answer I'm trying to determine how to create a modal with completely unique menu items/content than the media modal. If you add a new state you can add a new menu tab and hav... -
Get post by tag
Get post by tag,I want to get several post by tag. So I try to use get_posts() function: <?php $args = array( 'numberposts' => '3', 'post_status' => 'publish', 'tag' => 'travel' ); $ -
Elementor + ACF: How to insert dynamic JSON-LD formatted code into ACF field without sanitizing the script tag?
Elementor + ACF: How to insert dynamic JSON-LD formatted code into ACF field without sanitizing the script tag?,On a normal website, I am able to add JSON-LD structured data, such as below, into a Elementor HTML widget, in a proper way. However, as soon as I insert JSON-LD format into an ACF field (Textarea)... -
Gutenberg InnerBlocks noallowedblocks on parent but allowedblock on Child
Gutenberg InnerBlocks noallowedblocks on parent but allowedblock on Child,This is a continuation of the following post: Custom Gutenberg block with nested InnerBlocks renderAppender not displaying add button I solved one problem but created a different problem. I'm recr... -
Delay Issue: Using Wget with JSON Endpoint – Need Help Understanding Headers
Delay Issue: Using Wget with JSON Endpoint – Need Help Understanding Headers,On a WooCommerce website, I have a REST endpoint created with register_rest_route that returns a JSON response. To perform a routine with a certain frequency and urgency, I have added this instruct... -
How do I change top header background color
How do I change top header background color,Please refer to website: https://virginiafrank.com I cannot get the top header background color (or phone numbers) to change color. I would prefer the background gold and text black. I can't make t... -
How to display the_tags() as plain text
How to display the_tags() as plain text,the_tags by default is displaying as URL. I need to display it as plain text to insert inside HTML attribute. <?php $tag = the_tags(''); ?> <div class="image-portfolio" data-section... -
Give to site admin the option to "skip confirmation email" when adding new user
Give to site admin the option to "skip confirmation email" when adding new user,in wordpress multisite when we give to site admin the option to add new users, site admin dont have the "checkbox" to add the new user without sending the user email with link activation (see the -
Facing Hamas and Tehran, Israel is left with only vengeful madness | Opinion
Facing Hamas and Tehran, Israel is left with only vengeful madness | Opinion,Despite the Terrible Disaster on October 7, and the Failures It Exposed, Israel Is Still Convinced That the Image of the Mad Man Will Ensure Its Security -
Carol Kirkwood stuns in figure-hugging dress amid BBC Breakfast technical chaos
Carol Kirkwood stuns in figure-hugging dress amid BBC Breakfast technical chaos,CAROL Kirkwood stunned in a figure-hugging dress amid a technical blunder. BBC Breakfast was flung into chaos this morning after a string of sound issues. However Carol, 61, was all smiles as she p… -
Families ‘to sue prison’ where loud inmates ‘terrorise kids’ with screaming
Families 'to sue prison' where loud inmates 'terrorise kids' with screaming,Residents living next door to a new prison who say their kids have to sleep wearing headphones and some leave during weekends due to the racket are threatening to sue the prison service -
Doctor Strange’s Secret Wars Role May Be More Important Than You Thought – Looper
Doctor Strange's Secret Wars Role May Be More Important Than You Thought - Looper,According to entertainment leaker Alex Perez, Doctor Strange will find himself confronting his inner struggles as he headlines "Avengers: Secret Wars." -
Fallout’s Walton Goggins on Discovering The Ghoul’s Past as Well as His Future
Fallout's Walton Goggins on Discovering The Ghoul's Past as Well as His Future,"There is a grit, a survival instinct, that is there for both," the acclaimed actor says of his role. -
I’m a Grown Up and I’m Moving On from Google Search
I'm a Grown Up and I'm Moving On from Google Search,Our columnist, a longtime Google searcher, argues that it's time to break up with the classic search engine. -
‘What Jennifer Did’: Netflix doc explores shocking Ont. murder-for-hire case
'What Jennifer Did': Netflix doc explores shocking Ont. murder-for-hire case,Most of Jennifer Pan's entire life was made up of lies. When her parents began to catch on, she decided to bring in hired hitmen. -
What’s behind the lack of enthusiasm for this year’s music festivals?
What's behind the lack of enthusiasm for this year's music festivals?,The public sentiment about this year's crop of music festivals is an overwhelming "meh." There are good reasons for this. -
JERA backs AboitizPower’s plan to build offshore wind projects
JERA backs AboitizPower’s plan to build offshore wind projects,JERA Co. Inc., Japan’s largest power generation company, is willing to back Aboitiz Power Corp. should it decide to pursue offshore wind projects. -
Insurance penetration declines to 1.75% of GDP
Insurance penetration declines to 1.75% of GDP,The insurance industry saw its net income slightly decline to almost P10 billion in the first quarter amid a drop in the life segment.
Warning: file_get_contents(https://www.scienceradars.com/wp-output-content.php?pg=1&cat=&kw=&lvl=): Failed to open stream: HTTP request failed! HTTP/1.1 526 in /home/wwwroot/xuenou.com/wp-content/themes/chromenews/template-parts/content.php on line 169
Warning: file_get_contents(https://www.bayuexiang.com/wp-output-content.php?pg=1&cat=&kw=&lvl=): Failed to open stream: HTTP request failed! HTTP/1.1 526 in /home/wwwroot/xuenou.com/wp-content/themes/chromenews/template-parts/content.php on line 173
![iFi's GO Bar Kensei Dongle DAC Supports K2HD Technology With Some Samurai Swagger [Updated]](https://i0.wp.com/cdn.ecoustics.com/db0/wblob/17BA35E873D594/33FF/45A11/QTXOLJR4xDKSNMMk2WlTgjaIlvSgcYpeU1xJzUwIoYs/ifi-go-bar-kensei.jpg?w=768&ssl=1 "iFi's GO Bar Kensei Dongle DAC Supports K2HD Technology With Some Samurai Swagger [Updated]")
