Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion

Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion
Penske Media Eldridge has acquired Dick Clark Productions in a deal that marks a major expansion for the parent company of Variety, Rolling Stone, Billboard and other top media brands.

Financial details of the deal with Todd Boehly’s Eldridge Industries were not disclosed.

“I am thrilled to expand our partnership with Eldridge and Todd,” said Jay Penske, CEO and Founder of Penske Media. “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.”

Penske Media Eldridge is
See full article at Variety - TV News »

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