10 Nov, 2024

Penske’s leisure commerce pubs are struggling

Max Tani of Semafor examines the struggles of Jay Penske’s leisure commerce publications The Hollywood Reporter, Deadline, Billboard and Selection. Tani writes, “One explicit individual with knowledge instructed Semafor that THR missed its first quarter earnings targets by a minimal of 20%. The misses have compelled cost-cutting measures: THR determined to not do its ‘Most Extraordinarily […]

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