This is the best news ever! One of our favorite websites covering independent films and television is now joining Penske Media Corporation, which also owns HollywoodLife.com!
Welcome to the family! It was announced Jan. 19 that Indiewire.com was acquired by PMC and this is awesome because not only are they a leader when it comes to breaking independent movie and TV news but now we get to work alongside some of the most creative minds in the industry!
Deadline was first to break the exciting news and this means they join not only us but our sister sites: Variety Inc., Deadline Hollywood, TVLine.com, Hollywood Life, Gold Derby, Variety Insight, Bollywood Life, LA411, NY411, and Variety Latino (a joint venture with Univision). “Indiewire has a rich history as one of the early innovators in digital media—and I’ve long admired the company and its team’s dedication to informing and breaking the most essential news in independent film,” PMC Chairman and CEO Jay Penske released in a statement. “Bringing Indiewire into the PMC organization is an exciting opportunity to further ignite a pioneering brand while advancing its coverage of the TV industry, digital, and emerging OTT platforms.”
Indiewire was previously owned by SnagFilms Inc., and even their Chairman Ted Leonsis and CEO Rick Allen are exciting about the acquisition! “We are honored to have been Indiewire’s stewards, and seen it grow nearly 30-fold, since 2008. After careful consideration of the ingredients that could make the next eight years and beyond even more impactful, we determined that Penske Media would provide the optimum home for Indiewire. Under Jay’s leadership, Indiewire will now join the most powerful properties in entertainment and culture; we could not be more excited about its future.”
Indiewire Editor-in-Chief Dana Harris also said that she’s looking forward to joining the PMC team: “I couldn’t be prouder of our team and what we’ve continued to build on the Indiewire brand that Eugene Hernandez spearheaded nearly 20 years ago. The opportunities offered by PMC are extraordinary and will allow us to grow and expand our unparalleled coverage of the best in film, television, and more.”
This is just another reason why PMC is the go-to destination when it comes to breaking entertainment news!