This one is definitely a shocker. Stacey Farish, publisher of TheWrap, has jumped to Variety/Deadline owner PMC.
From this afternoon’s brief Deadline announcement:
Effective immediately, she leaves and becomes publisher of Deadline’s print magazine Awardsline as well as vice president of PMC Entertainment. She will be working with Nic Paul, the senior vice president of PMC Entertainment ad sales…
“Hiring Stacey demonstrates PMC’s commitment to the rapid growth of Deadline as one of the most dynamic companies to watch in the digital media arena,” said PMC founder and CEO Jay Penske.
Is this an act of trade war? It certainly seems like it. Penske has gone and poached one of TheWrap’s longest serving, most valuable execs.
Earlier today, TheWrap CEO-founder Sharon Waxman shared a cryptic tweet. It’s now clear what she was referring to.