Jay Penske, the youngest son of auto racing legend Roger Penske, has become one of L.A.'s stealthiest media moguls. Since buying entertainment journalist Nikki Finke’s industry blog, Deadline, for less than $1 million in 2009, Penske has amassed a near-monopoly of culture and entertainment industry publications. His holdings — Variety, the Hollywood Reporter, IndieWire and Deadline — cover Hollywood's every hiccup and burp. Penske Media Corp.
Last June, Deadline turned up the temperature on tensions when it quoted an anonymous studio executive saying the companies planned to drag out talks until union members started “losing their houses.” Studio heads howled, but the narrative stuck, hardening the resolve of striking writers and actors to hold out for a better deal. Penske absorbed the blows. He believes that some criticism of his outlets is misguided and he's pleased with the quality of journalism being produced.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
King Kong's Iconic Empire State Building Scene In Peter Jackson's Movie Gets Low Accuracy Score From Primate ExpertKing Kong looking stoic next to King Kong roaring in King Kong 2005
Source: screenrant - 🏆 7. / 94 Read more »
How To Rob A Bank review: 'Hollywood' thief gets Hollywood doc treatmentOutlaw Scott Scurlock can still seduce audiences and filmmakers years after his death
Source: TheAVClub - 🏆 340. / 59 Read more »
Tattoo King Mark Mahoney Tells Slayyyter All His Hollywood SecretsLast month, Slayyyter visited Mark Mahoney for some new ink—Jesus on her bicep—and to find out how he became L.A.'s tattoo king.
Source: InterviewMag - 🏆 484. / 51 Read more »
North West Made Her Hollywood Bowl Debut in ‘The Lion King’North West performed ‘I Just Can’t Wait to Be King’ during Disney’s 30th-anniversary celebration of ‘The Lion King,’ sparking another debate about nepo babies.
Source: TheCut - 🏆 720. / 51 Read more »
Kim Kardashian Shares Photos From North West's 'The Lion King at the Hollywood Bowl' PerformanceKim Kardashian is one proud mama after North West played a young Simba in 'The Lion King at the Hollywood Bowl.'
Source: etnow - 🏆 696. / 51 Read more »
Nathan Lane recalls ‘The Lion King’ origins ahead of Hollywood Bowl anniversary eventLane, Jeremy Irons, Jennifer Hudson, and Billy Eichner are among the stars who will perform songs from ‘The Lion King’ in front of a live orchestra as the classic animated film screens …
Source: ladailynews - 🏆 332. / 59 Read more »