Vox Media announced that NowThis, the social media-focused news division it picked up through the 2021 acquisition of Group Nine Media, will become an independent entity through a deal with the Accelerate Change media network. Vox Media will retain a minority ownership stake in the newly independent NowThis and will…
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The American Music Awards are likely to take a one-year sabbatical, Variety has learned. Following news announcing that the Billboard Music Awards would move the date to Nov. 19, 2023, typically a Sunday held for the AMAs, it would seem to leave parent company Dick Clark Productions no choice but…

Penske Media Corp. announced a strategic investment in Vox Media, the digital publisher whose brands include Vox.com, New York Magazine, Popsugar, Thrillist, Vulture and SB Nation. With the investment, PMC (whose properties include Variety) will become Vox Media’s largest single shareholder. Otherwise, the financial terms of the investment were not…

Saudi Arabia’s Red Sea International Film Festival, now launching its second edition, is aiming to become the top fest and market in the region and a key driver in the kingdom’s ongoing effort to build a film and TV industry practically from scratch after lifting its 35-year-old religion-related ban on…

Saudi Arabia’s Red Sea Intl. Film Festival is becoming a major catalyst for moviemaking in a place where it hadn’t really existed for a long time before. Ever since Saudi Arabia lifted its 35-year-old religion-related ban on cinema in 2017, all aspects of film industry activity have been booming in…

Nikki Finke, a tenacious journalist who revolutionized entertainment reporting with what became the Hollywood trade website Deadline, died Sunday morning in Boca Raton, Fla. after a prolonged illness. She was 68. Finke’s death was confirmed by Deadline. Jay Penske, founder, chairman and CEO of Penske Media Corporation, which acquired Finke’s…