THR Parent Company Exec Denies His CEO Days Are Numbered
The New York Post continues its excellent reporting on Prometheus Global Media, the parent company of The Hollywood Reporter, AdWeek, and Billboard, with news of an internal memo informing top-tier staff that CEO Richard “Mad Dog” Beckman is surrendering day-to-day managerial duties to his boss, chairman Jimmy Finklestein. All apparently so Beckman can focus on a new branded entertainment unit.
The Post also slants the piece, with help from unnamed insiders, to suggest that the move is a likely prelude to Beckman permanently stepping away from his CEO post.
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