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Variety is owned by Penske Media. Penske Media has a direct presence in 2 countries.

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Popular executive movements at Variety
  • Michelle Sobrino-Stearns, Chief Executive Officer, will leave the company in Dec. 2025  (posted on November 11 2025).
  • Ramin Setoodeh who was Co-Editor-in-Chief, becomes Co-President and Co-Editor-in-Chief  (posted on November 11 2025).
  • Dea Lawrence, who was Chief Operating and Marketing Officer, is promoted to Co-President and Publisher  (posted on November 11 2025).

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Popular executive movements at Penske Media
  • Martin Reynolds has joined the company as Senior Director, Programmatic Sales  (posted on November 10 2025).
  • Matt Ullian has joined the company as Senior Vice President, Special Projects  (posted on September 10 2025).

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