Penske Media Corporation Acquires The American Pavilion

January 6, 2022

Penske Media Corporation (PMC) announced the acquisition of The American Pavilion, the long-running communications, hospitality and media center at the Cannes Film Festival. PMC plans to leverage its portfolio of brands to grow the Pavilion's Cannes presence, expand its student and emerging filmmaker programs, and extend the Pavilion's activities to additional festivals worldwide.

Buyers
Penske Media Corporation
Targets
The American Pavilion
Location
California, United States
Transaction Type
Buyout

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