PMC: Layoffs Loom At THR, Deadline Owner PMC Amid Revenue Drop, Say Insiders

Penske Media Corp.'s Hollywood Reporter is poised to go through a new round of layoffs after misses on revenue targets last quarter, an insider with knowledge told TheWrap. The first quarter represented a tough advertising environment for all the entertainment trades, but was catastrophic for Reporter, one of two legacy publications, the insider said.The post Layoffs Loom At THR, Deadline Owner PMC Amid Revenue Drop, Say Insiders appeared first on TV News Check.