The deal comes afterlast year as they were forced to cancel the event just a week before opening due to the pandemic. Southby, as it has become known, has become a key stop on the festival circuit for Hollywood and is often where many big summer films are premiered.“It has been an incredibly tough period for small businesses, SXSW included,” Chief Executive Roland Swenson, the festival’s co-founder, said in a statement.
The South by Southwest program includes music, technology and a conference. In 2019, it was attended by more than 417,000 people in Austin, Texas, including 73,000 for the film festival. “Since 1987, SXSW has been the world’s premier festival centered at the convergence of tech, media, film, and music,” Penske said in a statement. “As part of this significant investment, we plan to build upon SXSW’s incredible foundation while extending the platform further digitally and assisting Roland and his incredible team to bring their vision to even greater heights.”
Unnecessary use of passive voice, “become” appears twice in the same sentence. Do better, editor.
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.
Penske Media Acquires Major Stake In SXSW To Become Long-Term Partner In FestivalP-MRC Holdings has made a deal with South by Southwest that would make the media company a long-term partner with and shareholder of the Austin, TX festival. P-MRC, which has acquired 50% of SXSW p… Fantastic. UGH. Was this your idea CassieGill?
Source: DEADLINE - 🏆 109. / 63 Read more »
Pressure mounts on Austin to support major shift in handling military sexual assaultDefense Secretary Lloyd Austin is under increasing pressure to support an overhaul of how the military handles sexual assault allegations in the ranks
Source: politico - 🏆 381. / 59 Read more »
Authorities are searching for a former sheriff's detective after an Austin, Texas shooting left 3 deadThe suspect being sought in the deadly shooting in Austin, Texas, is a former Travis County Sheriff's Office detective who was charged with the sexual assault of a child, the sheriff's office says wonder how long the thin blue line protected him from the consequences of his actions, like cops always do for each other. and how the heck is an armed murderer at large not a threat to the public? The 1st thing a guy says is that 'This is not a active 'SHOOTER' situtation. Why does your headline read 'ACTIVE SHOOTER' Isolated mass shootings make me feel sorta safe
Source: cnnbrk - 🏆 393. / 55 Read more »
Ex-Deputy Sheriff Stephen Broderick on the run after Austin mass shootingPolice efforts to locate Broderick evolved into a fugitive hunt on Sunday afternoon after three people were shot dead at an apartment complex in Austin, Texas. Boy y’all get the images out fast when the suspect is black don’t y’all. U don’t even know the white mass shoiter’s bane for a day. He'll probably kill himself after stand off with police
Source: Newsweek - 🏆 468. / 52 Read more »
Texas Republican Panned For 'Disgraceful' Pro-Gun Tweet About Austin ShootingState Rep. Jared Patterson used the deadly shooting to promote legislation that makes it easier for people to carry guns. 🤦🏽♀️
Source: HuffPostWomen - 🏆 27. / 68 Read more »