May 3, 2013 – NEW YORK – Today, Jay Penske—Founder, Chairman and CEO of Penske Media Corporation (PMC), which owns the Movieline brand—announced website Movieline.com’s reinvention: a bold launch into the online video space. Penske said, “We’re seeing the growing demand for online video and the appetite advertisers have to reach these focused audiences. Over the last year, we’ve had incredible success with our multi-platform video entertainment news network Entertainment News Television (ENTV) and are eager to expand our reach in the field.” more »
More good news from Movieline's parent company, Penske Media Corp. (PMC):
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BGR Website Launches THE NEW BGR, With Complete Redesign.
Leading mobile and gadget brand redefines the category with new look and remarkable user experience. more »
Variety, the old-media show-business trade publication founded in 1905, has been acquired by Movieline's new-media parent company, Penske Media Corp. (PMC) The deal was announced today by PMC Chairman and Chief Executive Officer Jay Penske and Variety's seller, Reed Information, a division of Reed Elsevier. For some insight into what the deal will mean, check out this report by Deadline's Mike Fleming, who spent 20 years at Variety before joining PMC. The announcement of the sale can be found after the jump. more »