6 Articles
6 Articles
New SXSW leader appointed to take Hugh Forrest's place
A Penske Media Corp. executive in L.A. is taking over leadership of South by Southwest. In this story, we look at the executive's career background. We also share community reaction to the departure of Hugh Forrest. Many influential Austinites are upset.
SXSW, which began as a music festival in Austin, Texas, in 1987, has expanded to a two-week event that now features three programming tracks: music, film and interactive. Penske, who owns publications such as Rolling Stone and The Hollywood Reporter and events such as the Golden Globes, invested for the first time in the festival in 2021. At that time, bought 50 percent of the company with a partner, MRC. The two partners took control of the fes…
☀️ SXSW Turmoil as Penske Cleans House
Mornin! This is Sean McNulty (connect with me on LINKEDIN here if ya like or email me at seanmcnultynyc@gmail.com), and here’s the Hollywood + Media news to know on WEDNESDAY April 30, 2025.Where sure, companies like GM, JETBLUE, UPS, COLGATE-PALMOLIVE and most recently SNAP all pulled their financial guidance for Q2 (SNAP shares were -14% last night, as it was also down 1M users in North America) — but the cruise 🚢 community knows no bounds!Ye…
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