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
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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