Penske Media Corporation, also known as PMC, is a privately owned, US-based company founded in 2003. It operates as a global media and information services company, specializing in online audio and video media, and employs approximately 430 individuals.
On September 29, 2026, Sourcing Journal, a Penske Media Corporation (PMC) brand, hosted its annual Fall Summit, "The Global Sourcing Reboot," which convened industry executives, policymakers, manufacturers, and innovators to discuss how shifting trade policies, geopolitical instability, evolving sustainability requirements, and rapid technological advancement are reshaping global sourcing. Earlier in the month, on September 1, PMC expanded its partnership with Getty Images, making content from Dick Clark Productions’ (DCP) historic entertainment archive exclusively available on gettyimages.com. This collaboration provides a significant visual record of post-war American popular culture for licensing and multi-platform storytelling. Previously, on August 28, PMC took full ownership of South by Southwest (SXSW), cementing its control of the Austin festival five years after providing a financial lifeline during the COVID-19 pandemic. Co-founder Nick Barbaro and 29 other longtime investors sold their stakes to PMC, making it the festival’s sole owner. The companies did not disclose the transaction's financial details or closing date.
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Penske Media Corporation (PMC) offers products in the media and telecoms services industry. Penske Media Corporation (PMC)'s product portfolio comprises of consumer electronics.
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