Jay Penske

Condé Nast Sells Fairchild Fashion Media to Penske

In an effort to refocus on its consumer brands, Condé Nast is selling Fairchild Fashion Media—owner of B-to-B publications Women’s Wear Daily, Footwear News and Beauty, Inc.—to Penske Media Corporation

Variety Nixes Daily Edition, Overhauls Weekly Mag

Just a few months after being sold to Deadline.com owner Jay Penske, Variety is making some big changes.