Penske Media Acquires Leading Art Magazine Artforum

PENSKE MEDIA ACQUIRES ARTFORUM
https://www.artforum.com/news/penske-media-acquires-artforum-89808

Penske Media Acquires Leading Art Magazine Artforum
BY THE EDITORS OF ARTNEWS, December 7, 2022 12:15pm
Penske Media Corporation has acquired Artforum magazine, the company said in a statement Tuesday.

PMC is the parent company of ARTnews and Art in America, as well as more than 20 other media brands, including Variety, Rolling Stone, Billboard, and WWD.

“Artforum’s quality and authority in the art world is unparalleled,” said Penske Media Chairman and CEO Jay Penske. “Over the last 60 years, they have built a culture- and genre-defining brand known around the world, with one of the few insightful global perspectives on art. I have great admiration for the hard work Tony, Danielle, Kate, and David have done to make Artforum such a success. I look forward to a bright future with this very talented team.”