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Variety Acquired By Penske Media

socalTECH

The bible of entertainment industry news, Variety , has been acquired by Internet entrepreneur Jay Penske, via his firm, Penske Media , the companies said today. Variety has been covering entertainment and Hollywood news since 1905. Financial details of the acquisition were not announced.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

magazine and the LA Business Journal. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. On the other hand, Rosenblatt is one of the biggest reasons why I think Silicon Beach is the future of the entertainment industry in the United States.