×
You will be redirected back to your article in seconds

Variety up for sale

Reed Business Information has announced plans to sell Variety, the venerable showbiz news and information provider.

The decision follows RBI’s divestiture of other U.S. business publications during the past three years. Reed has owned Variety since 1987.

” Variety is an iconic title serving the film and entertainment industry for more than 100 years,” said RBI chief executive Mark Kelsey. “With RBI’s increasing focus on data services, and the sale of our other U.S. print magazines, it now makes sense for us to sell the business. Variety has an incredibly talented team who have successfully innovated and expanded the franchise in industry news and analysis. I have no doubt the business will continue to thrive under new ownership.”

In recent years, Variety has broadened its portfolio by expanding into conferences and events, with more than 30 events on its sked for this year. It also established the Variety Insight data wing with the acquisition of TVtracker, the launch of Flixtracker and the Variety Archives services.

“For more than 100 years, Variety has been the leading source of information and analysis for the entertainment industry,” said Variety prexy Neil Stiles. “It continues to hold that position, and with its talented staff and far-reaching relationships, Variety is at the heart of the industry. I have every confidence that under new ownership, Variety will continue to thrive, innovate and provide fantastic insight into the sector.”

Popular on Variety

More Film

  • Jack Ryan

    Richard Rutkowski on ‘Jack Ryan,’ Costa-Gavras and Being Nice Abroad

    TORUN, Poland – Speaking at the EnergaCamerimage Intl. Film Festival on Monday, Richard Rutkowski praised the work of Costa-Gavras, offered sage advice for filmmakers working internationally, and offered a glimpse of the fast-paced work faced by cinematographers on high-profile TV series. Rutkowski, whose credits include “Jack Ryan,” “Castle Rock” and “The Americans,” discussed the methods, [...]

  • 'Honeyland' DP on Low-Fi Shooting With

    'Honeyland' DP on Low-Fi Shooting With High-Powered Storytelling

    Filming the Sundance-awarded “Honeyland” in a remote North Macedonia locale without roads or electricity, it was easy to get lost, confesses cinematographer Fejmi Daut. “It was too hard to decide what would be the storyline in the beginning,” said the debut DP, speaking at the 27th EnergaCamerimage cinematography festival in Torun, Poland. The editing process [...]

  • Q A_Joker_Lawrence-Sher_CKK-Jordanki_fot-Maria-Kowalska_11

    'Joker’ Cinematographer on Joaquin Phoenix’s Transformative Performance

    TORUN, Poland – “Joker” cinematographer Lawrence Sher received a rockstar welcome at the EnergaCamerimage Intl. Film Festival on Monday as attendees struggled to squeeze into a standing-room only conference room for a lively and in-depth Q&A session on the making of the box office sensation. Sher appeared equally excited to be at the event. “Obviously [...]

  • Igor Drljaca, Agata Smoluch Del Sorbo

    Verve Signs 'Disappearance at Clifton Hill' Director Albert Shin (EXCLUSIVE)

    Verve has signed Albert Shin, the director of the buzzy new thriller “Disappearance at Clifton Hill,” Variety has learned. Distribution rights for the film were recently acquired by IFC Midnight and the movie is expected to open in February. “Disappearance at Clifton Hill” debuted at this year’s Toronto International Film Festival. It centers on a [...]

  • John Bailey

    John Bailey Urges Cinematographers to Embrace Story Over Technology

    It’s safe to say John Bailey does not miss the trappings of the president’s office at the Academy of Motion Picture Arts and Sciences. Speaking at a retrospective celebrating his five decades of cinematography work at Poland’s EnergaCamerimage festival, where Bailey will be honored with a lifetime achievement award this week, he told an audience [...]

  • Justin Bieber Cupid Movie

    Justin Bieber Debuts First Look at 'Cupid' Movie

    Beware of cupid’s arrow. Justin Bieber unveiled a first-look photo for “Cupid,” his upcoming animated movie from Mythos Studios. The image sees a cartooned Bieber, who will voice the god of love, on the side of a cliff with the sun setting in the background. “Cupid” will tell the story of the eponymous mythical being [...]

  • Robert De Niro

    Robert De Niro to Receive SAG Life Achievement Award

    Robert De Niro will be honored with a SAG life achievement award. The legendary actor, who currently stars in Netflix’s “The Irishman” and Warner Bros.’ “Joker,” will receive the performers’ union’s top accolade at the 26th annual SAG Awards on Jan. 19 at the Shrine Auditorium in Los Angeles. The award is given annually to [...]

More From Our Brands

Access exclusive content