PME is a PMC subsidiary and joint venture between Penske Media Corporation and Eldridge.
PMC is the owner of Deadline.
Penske Media Eldridge will assume full control of dcps operations in the coming weeks.
Ryan Seacrest during Dick Clark’s New Year’s Rockin' Eve With Ryan Seacrest 2023 and Ricky Gervais for Golden Globe Awards PromotionJohn Lamparski/Getty Images/Todd Antony/NBC
As part of the deal, Adam Stotsky will be stepping down as President after a period of transition.
