Hubbry Logo
Variety (magazine)Variety (magazine)Main
Open search
Variety (magazine)
Community hub
Variety (magazine)
logo
7 pages, 0 posts
0 subscribers
Be the first to start a discussion here.
Be the first to start a discussion here.
Variety (magazine)
Variety (magazine)
from Wikipedia

Variety
Cover of the April 17, 2024, issue
Editor-in-ChiefRamin Setoodeh (co-editor)
Cynthia Littleton (co-editor)
CategoriesTrade, entertainment
FrequencyWeekly
PublisherMichelle Sobrino-Stearns (CEO and group publisher)
Dea Lawrence (COO/CMO)
Paid circulation85,300
FounderSime Silverman
First issueWeekly:
December 16, 1905; 119 years ago (1905-12-16) in New York City
Dailies:
1933 (1933) in Los Angeles
1998 (1998) in New York City
CompanyPenske Media Corporation
CountryUnited States
Based inLos Angeles, California, US
LanguageEnglish
Websitevariety.com
ISSN0042-2738
OCLC60626328

Variety is an American trade magazine owned by Penske Media Corporation. It was founded by Sime Silverman in New York City in 1905 as a weekly newspaper reporting on theater and vaudeville. In 1933, Daily Variety was launched, based in Los Angeles, to cover the motion-picture industry. Variety's website features entertainment news, reviews, box office results, plus a credits database, production charts and film calendar.

History

[edit]

Founding

[edit]
The first issue of Variety on December 16, 1905

Variety has been published since December 16, 1905,[1][2] when it was launched by Sime Silverman as a weekly periodical covering theater and vaudeville, with its headquarters in New York City. Silverman had been fired by The Morning Telegraph in 1905 for panning an act which had taken out an advert for $50.[3] He subsequently decided to start his own publication that, he said, would "not be influenced by advertising."[4] With a loan of $1,500 from his father-in-law, he launched Variety as publisher and editor.[5] In addition to The Morning Telegraph, other major competitors at the time of the company's launch were The New York Clipper and the New York Dramatic Mirror.[5]

The original logo, which is very similar to the current design, was sketched by Edgar M. Miller, a scenic painter, who refused payment.[6] The front cover contained pictures of the original editorial staff: Alfred Greason, Epes W. Sargeant (Chicot or Chic), Joshua Lowe, and Silverman.[7] The first issue contained a review by Silverman's son Sidne, also known as Skigie (based on the childish lisping of his name) who was claimed to be the youngest critic in the world at seven years old.[8]

20th century

[edit]

In 1922, Silverman acquired The New York Clipper which had been reporting on the stage and other entertainment since 1853, in an attempt to attract advertising revenue away from Billboard, following a dispute with William Donaldson, the owner of Billboard.[9] Silverman folded it two years later after spending $100,000, merging some of its features into Variety.[9][10] The same year, he launched the Times Square Daily, which he referred to as "the world's worst daily" and soon scrapped.[5] During that period, Variety staffers worked on all three papers.

After the launch of The Hollywood Reporter in 1930,[11] Silverman launched the Hollywood-based Daily Variety in 1933 with Arthur Ungar as the editor. It replaced the Variety Bulletin issued in Hollywood on Fridays as a four-page wraparound to the Weekly.[9] Daily Variety was initially published every day other than Sunday but mostly on Monday to Friday.[12] The Daily and the Weekly were initially run as virtually independent newspapers, with the Daily concentrating mostly on Hollywood news and the Weekly on U.S. and international coverage.

Silverman passed on the editorship of the Weekly Variety to Abel Green as his replacement in 1933. He remained as publisher until his death later that year, soon after launching Daily Variety. Silverman's son Sidne succeeded him as publisher of both publications but upon contracting tuberculosis in 1936 he could no longer take a day-to-day role at the paper.[13] Green, the editor, and Harold Erichs, the treasurer and chief financial officer, ran the paper during his illness.[13] Following Sidne's death in 1950, his only son Syd Silverman, was the sole heir to what was then Variety Inc. Young Syd's legal guardian Erichs, who had started at Variety as an office boy, assumed the presidency.[13][9]

Ungar remained editor of Daily Variety until his death in 1950.[14] He was followed by Joe Schoenfeld.[15]

In 1953, Army Archerd took over the "Just for Variety" column on page two of Daily Variety and swiftly became popular in Hollywood. Archerd broke countless exclusive stories, reporting from film sets, announcing pending deals, and giving news of star-related hospitalizations, marriages, and births. The column appeared daily for 52 years until September 1, 2005.[16]

Erichs continued to oversee Variety until 1956.[13][9] After that date, Syd Silverman managed the company as publisher of both the Weekly Variety in New York and the Daily Variety in Hollywood.

Thomas M. Pryor, former Hollywood bureau chief of The New York Times, became editor of Daily Variety in 1959. Under Pryor, Daily Variety expanded from 8 pages to 32 pages and also saw circulation increase from 8,000 to 22,000.[17][18][15]

Green remained editor of Variety until he died in 1973, with Syd taking over.[19][20]

In 1987, Variety was sold to Cahners Publishing for $64 million.[21] In December 1987, Syd handed over editorship of Variety to Roger Watkins.[20] After 29 years as editor of Daily Variety, Tom Pryor handed over to his son Pete in June 1988.[15]

On December 7, 1988, Watkins proposed and oversaw the transition to four-color print. Upon its launch, the new-look Variety measured one inch shorter with a washed-out color on the front. The old front-page box advertisement was replaced by a strip advertisement, along with the first photos published in Variety since Sime gave up using them in the old format in 1920: they depicted Sime, Abel, and Syd.[22]

For 20 years from 1989, Variety's editor-in-chief was Peter Bart, originally only of the weekly New York edition, with Michael Silverman (Syd's son) running the Daily in Hollywood. Bart had worked previously at Paramount Pictures and The New York Times.

Syd remained as publisher until 1990 when he was succeeded on Weekly Variety by Gerard A. Byrne and on Daily Variety by Sime Silverman's great-grandson, Michael Silverman. Syd became chairman of both publications.[23]

21st century

[edit]

In April 2009, Bart moved to the position of "vice president and editorial director", characterized online as "Boffo No More: Bart Up and Out at Variety". From mid-2009 to 2013, Timothy M. Gray oversaw the publication as Editor-in-Chief,[24] after over 30 years of various reporter and editor positions in the newsroom.[25]

Acquisition by Penske Media Corporation

[edit]

In October 2012, Reed Business Information, the periodical's owner, (formerly known as Reed-Elsevier, which had been parent to Cahner's Corp. in the United States) sold the publication to Penske Media Corporation (PMC).[26][27] PMC is the owner of Deadline Hollywood, which since the 2007–2008 Writers Guild of America strike has been considered Variety's largest competitor in online showbiz news. In October 2012, Jay Penske, chairman and CEO of PMC, announced that the website's paywall would come down, the print publication would stay, and he would invest more into Variety's digital platform in a townhall.[28]

In March 2013, owner Penske appointed three co-editors to oversee different parts of the publication's industry coverage; Claudia Eller as Editor, Film; Cynthia Littleton as Editor, TV; and Andrew Wallenstein as Editor, Digital. The decision was also made to stop printing Daily Variety with the last printed edition published on March 19, 2013, with the headline "Variety Ankles Daily Pub Hubbub".[29][30]

In June 2014, Variety launched a high-end real-estate breaking news site, Dirt, under the direction of self-proclaimed "Real Estalker" Mark David, which later expanded to its own stand-alone site in 2019.[31] October 2014 Eller and Wallenstein were upped to Co-Editors in Chief, with Littleton continuing to oversee the trade's television coverage. In June 2014, Penske Media Corporation entered into an agreement with Reuters to syndicate news from Variety and Variety Latino-Powered by Univision to distribute leading entertainment news to the international news agency's global readership. This dissemination comes in the form of columns, news stories, images, video, and data-focused products. In July 2015, Variety was awarded a Los Angeles Area Emmy Award by the Television Academy in the Best Entertainment Program category for Variety Studio: Actors on Actors, a series of one-hour specials that take viewers inside Hollywood films and television programs through conversations with acclaimed actors. A second Los Angeles Area Emmy Award was awarded in 2016.

In June 2019, Variety shut down its Gaming section.[32]

A significant portion of the publication's advertising revenue comes during the film-award season leading up to the Academy Awards. During this "Awards Season", large numbers of colorful, full-page "For Your Consideration" advertisements inflate the size of Variety to double or triple its usual page count. These advertisements are the studios' attempt to reach other Hollywood professionals who will be voting on the many awards given out in the early part of the year, including the Academy Awards, the Golden Globes and various guild award honors.[citation needed]

Editions

[edit]
  • Variety (first edition published December 16, 1905) is a weekly entertainment publication with a broad coverage of movies, television, theater, music and technology, written for entertainment executives. It is the only remaining Variety print publication and is published weekly and delivered internationally.
  • Daily Variety (first edition published September 6, 1933[33] and last published March 19, 2013) was the Los Angeles–based Hollywood and Broadway daily edition. The Daily Variety brand was revived in 2019 as a Mon–Fri email newsletter presenting the top stories of the last 24 hours. Top stories are also posted on the Daily Variety page of Variety.com.[34] Daily Variety Gotham, (started in 1998) was the name of the New York City–based edition which gave a priority focus to East Coast show-business news and was produced earlier in the evening than the Los Angeles edition so it could be delivered to New York the following morning.
  • Variety.com (launched in 1998) is the Internet version of Variety. It was one of the first online newspapers to charge for access when it launched. In June 2010, all content on the website became paywalled.[35] The paywall was removed in April 2013, but access to additional content, such as the archives, requires subscription. Variety is also available as a mobile app as Variety On-The-Go.[36]
  • Variety Hitmakers (first edition published in November 2017) is the publication's first music franchise.[37] The annual list recognizes the writers, producers, publishers, and other key personnel behind the scenes "who helped make―and break―the most consumed songs of the year as compiled by BuzzAngle Music".[38][39][40] Kendrick Lamar, DJ Khaled, and Scooter Braun featured on three individual covers of the premiere print issues, with Lamar named Hitmaker of the Year.[41] He, along with Khaled and Hailee Steinfeld, was honored at the inaugural Hitmakers awards ceremony held later that same month—the event has continued annually since.[42][43] Other honorees have included Dua Lipa and Bebe Rexha as 2018's Breakthrough Artist and Songwriter of the Year respectively,[44] BTS (2019 Group of the Year),[38] and Harry Styles (2020 Hitmaker of the Year).[45]

On December 15, 1906, Variety published its first anniversary number that contained 64 pages, double the size of a regular edition.[46] It published regular bumper anniversary editions each year, most often at the beginning of January, normally with a review of the year and other charts and data, including, from 1938 onwards, lists of the top performing films of the year[47] and, from 1949, the annually updated all-time rental chart.[48] The editions also contained many advertisements from show business personalities and companies. The 100th anniversary edition was published in October 2005 listing Variety's icons of the century.[49] Along with the large anniversary editions, Variety also published special editions containing lots of additional information, charts and data (and advertising) for three film festivals: Cannes Film Festival,[50] MIFED Film Market,[51] and American Film Market[52] Daily Variety also published an anniversary issue each October. This regularly contained a day-by-day review of the year in show business and in the 1970s started to contain republication of the film reviews published during the year.[53]

Older back issues of Variety are available on microfilm. In 2010, Variety.com allowed access to digitized versions of all issues of Variety and Daily Variety with a subscription.[54] Certain articles and reviews prior to 1998 have been republished on Variety.com. The Media History Digital Library has scans of the archive of Variety from 1905 to 1963 available online.[55]

Circulation

[edit]

The first issue of Variety sold 320 copies in 1905.[6]

Paid circulation for the weekly Variety magazine in 2023 was 85,300.[56] Each copy of each Variety issue is read by an average of three people, with an estimated total readership of 255,900.[57] Variety.com has 32 million unique monthly visitors.[58][59]

Culture

[edit]

For much of its existence, Variety's writers and columnists have used a jargon called slanguage[60] or Varietyese (a form of headlinese) that refers especially to the movie industry, and has largely been adopted and imitated by other writers in the industry. The language initially reflected that spoken by the actors during the early days of the newspaper.[10]

Such terms as "boffo", "payola", and "striptease" are attributed to the magazine.[61]

In 1934, founder Sime Silverman headed a list in Time magazine of the "ten modern Americans who have done most to keep American jargon alive".[62]

According to The Boston Globe, the Oxford English Dictionary cites Variety as the earliest source for about two dozen terms, including "show biz" (1945).[63] In 2005, Welcome Books published The Hollywood Dictionary by Timothy M. Gray and J. C. Suares, which defines nearly 200 of these terms.

One of its popular headlines was during the Wall Street Crash of 1929: "Wall St. Lays An Egg".[64] The most famous was "Sticks Nix Hick Pix"[65][66] (the movie-prop version renders it as "Stix nix hix pix!" in Yankee Doodle Dandy (1942), Michael Curtiz's musicalbiographical film about George M. Cohan starring James Cagney).

In 2012, Rizzoli Books published Variety: An Illustrated History of the World from the Most Important Magazine in Hollywood by Gray. The book covers Variety's coverage of hundreds of world events, from the 1906 San Francisco earthquake, through Arab Spring in 2012, and argues that the entertainment industry needs to stay aware of changes in politics and tastes since those changes will affect their audiences. In a foreword to the book, Martin Scorsese calls Variety "the single most formidable trade publication ever" and says that the book's content "makes you feel not only like a witness to history, but part of it too."

In 2013, Variety staffers tallied more than 200 uses of weekly or Daily Variety in TV shows and films, ranging from I Love Lucy to Entourage.[citation needed]

In 2016, Variety endorsed Hillary Clinton for President of the United States, marking the first time the publication endorsed a candidate for elected office in its 111-year history.[67]

Office locations

[edit]

Variety's first offices were in the Knickerbocker Theatre located at 1396 Broadway on 38th and Broadway in New York. Later it moved to 1536 Broadway at the 45th and Broadway corner until Loew's acquired the site to build the Loew's State Theatre.[5] In 1909, Variety set up its first overseas office in London.[68]

In 1920, Sime Silverman purchased an old brownstone building around the corner at 154 West 46th Street in New York, which became the Variety headquarters until 1987, when the publication was purchased.[69] Under the new management of Cahners Publishing, the New York headquarters of the Weekly Variety was relocated to the corner of 32nd Street and Park Avenue South.[69] Five years later, it was downgraded to a section of one floor in a building housing other Cahner's publications on West 18th Street, until the majority of operations were moved to Los Angeles.[citation needed]

When Daily Variety started in 1933, its offices were in various buildings near Hollywood Blvd. and Sunset Blvd. In 1972, Syd Silverman purchased a building at 1400 North Cahuenga Blvd. which housed the Daily's offices until 1988, after which its new corporate owners and new publisher, Arthur Anderman, moved them to a building on the Miracle Mile on Wilshire Boulevard.

In late 2008, Variety moved its Los Angeles offices to 5900 Wilshire, a 31-story office building on Wilshire Boulevard in the Miracle Mile area.[70][71] The building was dubbed the Variety Building because a red, illuminated "Variety" sign graced the top of it.[70]

In 2013, PMC, the parent company of Variety, announced plans to move Variety's offices to their new corporate headquarters at 11175 Santa Monica Blvd. in Westwood.[70] There, Variety shares the 9-story building with parent company PMC, Variety Intelligence Platform, and PMC's other media brands, including Deadline.com, Rolling Stone, Vibe, Billboard, Robb Report and the West Coast offices of WWD and Footwear News.[72]

Content

[edit]

Film reviews

[edit]

On January 19, 1907, Variety published what is considered the first film review in history. Two reviews written by Sime Silverman were published: Pathe's comedy short An Exciting Honeymoon and Edison Studios' western short The Life of a Cowboy directed by Edwin S. Porter.[73][74] Variety discontinued reviews of films between March 1911 until January 1913[75] as they were convinced by a film producer, believed to be George Kleine, that they were wasting space criticizing moving pictures and others had suggested that favorable reviews brought too strong a demand for certain pictures to the exclusion of others.[76] Despite the gap, Variety is still the longest unbroken source of film criticism in existence.[75]

In 1930 Variety also started publishing a summary of miniature reviews for the films reviewed that week[77] and in 1951 the editors decided to position the capsules on top of the reviews,[78] a tradition retained today.

Film reviewers

[edit]

Writing reviews was a side job for Variety staff, most of whom were hired to be reporters and not film or theatre critics. Many of the publication's reviewers identified their work with four-letter pen names ("sigs") rather than with their full names. The practice stopped in August 1991.[79] Those abbreviated names include the following:[7]

  • Abel – Abel Green, editor 1931–1973[80]
  • Anby – Vincent Canby, 1951–1957, later chief film critic for The New York Times
  • Army – Army Archerd
  • Beau – Lee Beaupre
  • Bell – Harry Ennis[81]
  • Besa – Peter Besas
  • Bige – Joe Bigelow
  • Bill – Bill Greeley
  • Bing – Claude Binyon
  • Bok – Bob Knight
  • Brog – William Brogdon[82]
  • Byro – Stuart Byron
  • Cart – Todd McCarthy, 1979–1989; film review editor 1991–2010.[83][84]
  • Chic – Epes W Sargeant
  • Con – John White Conway (1888–1928)[85][86]
  • Daku – Dave Kaufman
  • Drek – Derek Elley[79]
  • Edba – Ed Barry[81]
  • Edwa – Bill Edwards
  • Fob – Frank Beermann
  • Fred – Fred Schader[7]
  • Gene – Gene Arneel
  • Gilb – George Gilbert
  • Har – James Harwood[87]
  • Hawk – Robert Hawkins[88]
  • Hell – Jack Hellmann
  • Herm – Herman Schoenfeld[89]
  • Hobe – Hobe Morrison
  • Holl and Hyho – Hy Hollinger, 1953–1960, 1979–1992[79]
  • Jac – Harlan Jacobson
  • Jolo – Joshua Lowe
  • Jose – Joe Cohen
  • Kirb – Fred Kirby
  • Lait – Jack Lait
  • Land – Robert J. Landry
  • Ley – Joe Leydon[79]
  • Madd – John Madden
  • Mick – Larry Michie
  • Mor – Morry Roth
  • Mosk – Gene Moskowitz
  • Murf – Arthur D. Murphy, the principal film critic from December 1964 until October 1978.[90]
  • Pry – Thomas M. Pryor, editor of Daily Variety from 1959 until his retirement in 1988.[17]
  • Rush – Alfred Greason
  • Sid or Skig – Sidne Silverman, Variety publisher and Sime Silverman's son.[79]
  • Sime – Sime Silverman, founder of Variety and the first to write a film review for the paper.[73]
  • Sisk – Robert Sisk, formerly a writer of "news letters" for The Sun in Baltimore, Maryland.[91]
  • Strat – David Stratton
  • Syd – Syd Silverman, Sime Silverman's grandson
  • The Skirt – Hattie Silverman, Sime's wife[79]
  • Tube - Larry Tubelle
  • Ung – Arthur Ungar, first Daily Variety editor
  • Verr - Addison Verrill[92][93]
  • Whit – Whitney Williams[94]

Reprints of reviews

[edit]

Variety is one of the three English-language periodicals with 10,000 or more film reviews reprinted in book form. These are contained in the 24-volume Variety Film Reviews (1907–1996). Film reviews continue to be published in Variety. The other two periodicals are The New York Times (as The New York Times Film Reviews (1913–2000) in 22 volumes) and Harrison's Reports (as Harrison's Reports and Film Reviews (1919–1962) in 15 volumes).

In 1992, Variety published the Variety Movie Guide containing a collection of 5,000 abridged reviews edited by Derek Elley.[75] The last edition was published in 2001 with 8,500 reviews.[95] Many of the abridged reviews for films prior to 1998 are published on Variety.com unless they have later posted the original review.[96]

Obituaries

[edit]

The complete text of approximately 100,000 entertainment-related obituaries (1905–1986) was reprinted as Variety Obituaries, an 11-volume set, including alphabetical index. Four additional bi-annual reprints were published (for 1987–1994) before the reprint series was discontinued.

The annual anniversary edition published in January would often contain a necrology of the entertainment people who had died that year.[97]

Charts and data

[edit]

Variety started reporting box office grosses for films by theatre on March 3, 1922, to give exhibitors around the country information on a film's performance on Broadway, which was often where first run showings of a film were held. In addition to New York City, they also endeavored to include all of the key cities in the U.S. in the future and initially also reported results for ten other cities including Chicago and Los Angeles.[98] They continued to report these grosses for films until 1989 when they put the data into a summarized weekly chart[99] and only published the data by theatre for New York and Los Angeles as well as other international cities such as London and Paris.

As media expanded over the years, charts and data for other media such as TV ratings and music charts were published, especially in the anniversary editions that were regularly published each January.

During the 1930s, charts of the top performing films of the year were published and this tradition has been maintained annually since.[47]

In 1946, a weekly National Box Office survey was published on page 3 indicating the performance of the week's hits and flops based on the box office results of 25 key U.S. cities.[100][101] Later that year, a list of All-Time Top Grossers with a list of films that had achieved or gave promise of earning $4,000,000 or more in domestic (United States and Canada) rentals was published.[102] An updated chart was published annually for over 50 years, normally in the anniversary edition each January.[103][104]

In the late 1960s, Variety started to use an IBM 360 computer to collate the grosses from their weekly reports of 22 to 24 U.S. cities from January 1, 1968. The data came from up to 800 theatres which represented around 5% of the U.S. cinema population at the time but around one-third of the total U.S. box office grosses. In 1969, they started to publish the computerized box office compilation of the top 50 grossing films of the week based on this data.[105] "The Love Bug" was the number one in the first chart published for the week ending April 16, 1969.[106] The chart format was changed in 1989 to reduce the list to a top 40 and display a summary of the sample city theater grosses rather than publish the theater grosses separately.[99] The sample chart was discontinued in 1990.[107]

Arthur D. Murphy, who joined Variety in 1964 and worked there until 1993, was one of the first to organize and chart domestic box office gross information that became more available during the 1980s and report it in a meaningful form setting a standard for how film box office information is reported today.[90] Murphy used the weekly sample reports to estimate the total US weekly box office compared with previous annual totals which was reported in Variety's US Box Office Report each week. The sample also allowed Murphy to estimate the Market Share percentage rankings of distributors.[99]

In 1976, Variety Box Office Index (VBI) was launched where each month's actual key city box office tally, after seasonal adjustment, was simultaneously expressed as an index number, with 1970 as a whole being used as the base initially. The current month's VBI expressed the monthly box office performance as a percentage change from the base year.[108] The index was published until 1991 giving a history of comparable monthly and annual box office performance for the past 20 years.

During the 1980s, Daily Variety started to publish a weekly chart of the domestic box office grosses of films as compared to the Top 50 chart in Variety which was based on a sample of key markets. Variety started to publish this weekend box office report together with the sample top 50 chart (later top 40) until they discontinued the sample chart in February 1990 with the weekend box office report being their main source of box office reporting.[107]

In 2009, Variety launched a chart showcasing the top performing film trailers ahead of theatrical release in partnership with media measurement firm Visible Measures.[109]

Other Variety products

[edit]

In 1937, Variety compiled and published a Radio Directory compiling a record of events in radio such as program histories, ratings and popularity polls.[110] It published an annual edition for the next three years[111] which are available on the Media History Digital Library.

In 1981, Variety International Showbusiness Reference was published, which they claimed was the first book to contain a complete list of all winners and nominees for the Academy Awards, Emmy Awards, Tony Awards, Grammy Awards and Pulitzer Prize. The following year they published Variety major U.S. showbusiness awards containing just this award details and a revised edition, called Variety presents the complete book of major U.S. show business awards, was published in 1985.[112]

In 1988, R.R. Bowker, a Reed Reference Publishing Company, part of Reed-Elsevier, PLC, a "sister" company to Variety, published Variety's Video Directory Plus, a CD-ROM subscription product, updated quarterly, containing metadata about 90,000 home video products and full-text film reviews from Variety.

International Film Guide
ISSN0074-6053
OCLC230752727

Peter Cowie joined Variety in 1989[113] and his International Film Guide, which had been published annually since 1964, became Variety International Film Guide with reports from countries on the year in cinema as well as information of film festivals. It continued to bear Variety's name until 2006.[114]

In 1990, Variety published a 15-volume set of its television reviews (including home video product) from 1923 to 1988. Additional supplements were published covering 1989–1990, 1991–1992 and 1993–1994.[115]

In 1999, Cowie published The Variety Insider with detailed information on the year in entertainment as well as historical information. A second edition followed in 2000.[116]

In 2004, Variety published VLife, providing insider news on lifestyle features for the entertainment industry. It was published seven times annually.[117]

Variety Studio: Actors on Actors

[edit]

In November 2014, Variety premiered Variety Studio: Actors on Actors, a co-production with PBS SoCal that featured two actors discussing their craft and thoughts on Hollywood, which subsequently went on to win three Emmy awards, including a Daytime Creative Arts Award in May 2019.

In January 2017, they launched the Variety Content Studio, creating custom content for brands.[118][119][120][121]

Variety Insight

[edit]

Variety established its data and research division, Variety Insight, in 2011 when it acquired entertainment data company, TVtracker.com.[122] Its film database was announced in December 2011 as FlixTracker, but was later folded into Variety Insight. The subscription service is positioned as an alternative to crowd-sourced websites, such as the IMDb.[123] The database uses Variety's existing relationships with the studios to get information. The New York Observer identified the main competitor as Baseline StudioSystems.[122] In 2014, Variety Insight added Vscore, a measure of actors' cachet and bankability.[124] In 2015, it partnered with ScriptNoted, a social media website for film scripts.[125] In October 2020, it was rebranded Luminate Film & TV, part of Luminate, a joint venture between Penske Media Corporation (PMC) and Eldridge Industries.[126]

Variety Australia

[edit]

Variety Australia is a website owned by Brag Media, published under license from Variety Media, LLC. It covers film, TV and music around the world, but with a special focus on the Australian and New Zealand industries. The main writer is Vivienne Kelly.[127]

See also

[edit]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia

Variety is an American entertainment trade publication founded in 1905 by Sime Silverman in as a weekly newspaper focused on and theater. Owned by since 2012, it has evolved into a multi-platform source delivering news, analysis, reviews, and data on , , , , and related industries to global professionals.
The magazine gained prominence for its concise, influential reporting on the business, pioneering coverage of figures and industry trends. In 1933, it launched Daily Variety to provide faster updates, expanding its reach during Hollywood's golden age. A defining characteristic is its proprietary "slanguage"—a used in headlines and articles, such as "ankle" for quitting a job or "stix" for rural areas—to pack punchy, insider lingo into limited space. Under Penske ownership, Variety has emphasized digital expansion, with Variety.com ranking as the top entertainment business news site for multiple years based on traffic metrics, alongside hosting over 70 annual events and summits. Its archives, dating to 1914, include comprehensive reviews and financial data, cementing its role as an indispensable resource despite occasional criticisms of editorial biases in trade reporting.

History

Founding and Vaudeville Era (1905–1920s)

Variety was founded by Sime Silverman on December 16, 1905, in New York City as a weekly trade newspaper focused on the vaudeville industry. Silverman, born in 1873 in Syracuse, New York, had entered journalism in 1903 by reviewing vaudeville acts for the Daily America. With a $2,500 promissory note from his father-in-law, he launched the 16-page publication, priced at five cents, to provide practical news for performers, agents, bookers, and theater operators, including act reviews, booking routes, and salary reports. The magazine's early content centered on vaudeville's diverse circuits, distinguishing "big time" urban palaces like the Palace Theatre from "small time" rural "sticks" venues, while also touching on . Variety pioneered an insider style with clipped, telegraphic sentences, heavy use of show business (e.g., "hock" for pawn), and omission of articles to mimic backstage urgency and economize space. This approach, reflecting Silverman's press agent experience, prioritized raw industry data over polished prose, making it a vital tool for navigating vaudeville's competitive ecosystem of two-a-day shows featuring comedians, singers, acrobats, and animal acts. By March 1, 1909, Variety relocated its offices seven blocks uptown to , aligning with vaudeville's commercial hub. Through the and into the , as boomed amid and immigration-fueled audience growth, the publication chronicled peak-era developments like expanded circuits and star salaries, while noting early threats from motion pictures and radio. Silverman's focus on empirical box-office realities and causal industry shifts—such as circuit consolidations under figures like B.F. Keith and E.F. Albee—established Variety as the unvarnished chronicle of live variety entertainment's golden age, before cinematic competition eroded vaudeville's dominance by decade's end.

Expansion into Film and Broadway (1930s–1960s)

In response to the burgeoning Hollywood , particularly after the widespread adoption of synchronized sound in pictures by 1929, Variety intensified its motion picture reporting in the early . The weekly New York edition, which had included reviews since 1907, began emphasizing studio production, distribution deals, and exhibition circuits as output surged to over 500 features annually by 1937. This period marked the magazine's pivot toward comprehensive trade analysis, including early rental estimates derived from returns, which provided empirical benchmarks for industry viability absent from press. A pivotal development occurred on September 6, 1933, when Variety launched Daily Variety, a Los Angeles-based edition dedicated primarily to film news, enabling same-day coverage of Hollywood events from script sales to premiere grosses. Initiated by founder Sime Silverman shortly before his death on September 25, 1933, the daily countered 's 1930 inception and a 1932 plagiarism suit filed by Variety, establishing dual hubs for faster, localized intelligence amid the studio system's peak under the Production Code enforced from 1934. Daily Variety's format integrated film-specific columns, such as Army Archerd's "Just for Variety" gossip starting in 1953, alongside data-driven features on attendance trends during the Depression-era slump, when U.S. theater revenues fell 40% from 1929 peaks. Parallel to film expansion, Variety's Broadway coverage deepened in the 1930s, shifting from vaudeville-era brevity to detailed legit (legitimate theater) sections amid economic pressures that halved annual productions to around 150 by 1932. The magazine tracked openings, closings, and weekly grosses—pioneering public disclosure of theater receipts through direct exhibitor reports—offering causal insights into factors like casting costs and touring viability. Post-World War II resurgence saw influential reviews of collaborations, including Oklahoma! (opened March 31, 1943, with Variety noting its innovative dance integration and 2,212-performance run) and South Pacific (opened April 7, 1949, praised for thematic depth amid 1,925 shows). Through the 1950s and into the 1960s, Variety adapted to disruptions like the 1948 Paramount antitrust decree dismantling studio , which diversified film sourcing and prompted coverage of independent producers and foreign imports. Broadway reporting evolved with the rise of concept musicals, such as (opened September 26, 1957), where Variety analyzed crossover appeal to film adaptations, reflecting causal links between stage success and Hollywood licensing revenues. Under family stewardship following Sime Silverman's passing—initially by his associates and later sons—the publications maintained a network extending to bureaus by the late 1950s, ensuring global context for U.S.-centric film and theater metrics amid television's encroachment, which drew 30% of entertainment dollars by 1960.

Mid-Century Challenges and Shifts (1970s–1990s)

During the 1970s, Variety, under publisher Syd Silverman, confronted the entertainment industry's transition from film dominance to television's ascendancy, with networks expanding programming amid economic pressures like inflation and the 1973-1975 recession affecting ad revenues. The magazine intensified its television coverage, including detailed analyses of ratings shifts and the "rural purge" of 1971, where CBS canceled rural-themed shows to target urban demographics, reflecting broader viewer migration to more sophisticated content. This adaptation helped sustain Variety's relevance, as TV ad spending grew from $3.6 billion in 1970 to $9.4 billion by 1979, though print trade publications faced rising production costs and competition from emerging broadcast trades. By the mid-1980s, accumulating operational strains prompted the Silverman family to divest after 82 years of control, selling Variety and Daily Variety to Cahners Publishing Co., a Reed International , in July 1987 for an estimated $60 million. The transaction marked a pivotal shift to corporate ownership, enabling investment in modernization amid declining print circulations industry-wide, as Hollywood grappled with video cassette recorder proliferation eroding theater attendance from 4 billion in 1980 to under 1.2 billion by 1990. Under new management, Variety maintained its core focus on data and reviews while navigating cable TV's fragmentation, which splintered audiences and pressured traditional ad models. In 1989, assumed editorship of Weekly Variety, followed by Daily Variety in 1992, initiating reforms to counter perceptions of the publications as outdated. Bart streamlined content, emphasizing investigative reporting on studio finances and launching eV, a supplement in the early dedicated to emerging digital technologies like and early online distribution, though some ventures faltered amid the decade's economic downturns. By the , Variety documented Hollywood's advertiser-driven pivot, with TV production costs rising 20-30% annually due to and , while the magazine's slang-heavy style persisted to differentiate it from rivals like . These changes positioned Variety to cover the industry's consolidation, including major mergers like Time Warner in 1990, amid persistent challenges from fragmented .

Digital Pivot and Modern Era (2000s–Present)

In the early 2000s, Variety continued to prioritize its print editions amid a broader industry shift toward , but its established online presence via Variety.com—launched in 1998 as one of the first subscription-based digital news sites—began laying the groundwork for expanded web coverage of , television, and entertainment business . By the late 2000s, facing print advertising declines common to trade publications, Variety implemented a paid-content strategy in December 2009, requiring subscriptions for full access to its print and digital offerings to bolster revenue. The pivotal transformation accelerated after 2012, with substantial investments in digital infrastructure resulting in a comprehensive Variety.com redesign in March 2013, emphasizing content, faster load times, and integrated formats to enhance user engagement and . This shift yielded marked growth: digital revenue surged 367% from 2012 onward, outpacing industry contraction, while print revenue rose 10% against a sector-wide drop of one-third, reflecting a hybrid model that revitalized the brand's reach. Subsequent enhancements included a 2017 website overhaul introducing the Variety500, an annual ranking of 500 top influencers based on data-driven metrics like social impact and deal-making, which integrated editorial insights with to appeal to industry executives. In April 2020, Variety debuted the Variety Intelligence Platform (VIP+), a subscription-based digital extension providing , charts, and forecasts on streaming, , and talent trends, targeting data-hungry professionals. Into the 2020s, Variety has further diversified its digital footprint with audio content, launching the "Daily Variety" podcast in October 2025, hosted by co-editor-in-chief Cynthia Littleton, to deliver concise morning briefings on business headlines. International digital expansion followed, including the September 2025 announcement of Variety India, a localized online platform set for November debut in partnership with Thursday Tales Publishing, focusing on Bollywood and regional entertainment markets. These initiatives underscore a sustained pivot to platform-agnostic delivery, leveraging algorithms, events tie-ins, and subscription models to maintain influence in an era dominated by streaming and social media disruption.

Ownership and Corporate Evolution

Initial Ownership and Family Control

Variety was founded on December 16, 1905, by Sime Silverman, a 32-year-old press agent in , who launched it as a weekly trade publication focused on the vaudeville industry. Silverman, born in 1873 to Jewish immigrant parents, had prior experience writing theater reviews for local papers but started Variety after a dispute with his father's business, where he sought partnership and was refused. The magazine's distinctive slang-heavy style, including terms like "stix" for rural areas, was pioneered by Silverman to appeal to insiders. Upon Sime Silverman's death on September 25, 1933, ownership passed to his son, Sidne Silverman, who assumed the role of publisher and expanded operations by introducing Daily Variety in 1933 to cover the burgeoning from Hollywood. Sidne managed the publications amid the transition from to cinema and radio, maintaining family oversight until his death in 1950. Sidne's son, Syd Silverman, inherited full control at age 18 in 1950, becoming the third-generation publisher and steering Variety through postwar entertainment shifts, including television's rise and international expansion. Under Syd's leadership, which lasted until 1987, the family retained independent ownership, resisting corporate mergers while adapting to industry changes like the decline of print dailies. This era emphasized editorial autonomy, with the Silvermans prioritizing insider reporting over advertiser influence, though circulation stabilized around 20,000-30,000 subscribers by the 1970s. Family control ended with the 1987 sale to Cahners Publishing, marking the close of 82 years of Silverman stewardship.

Acquisition by Reed Business Information (1980s–2012)

In July 1987, Cahners Publishing Company, a of Reed International (later Reed Business Information under Reed Elsevier), acquired Weekly Variety and Daily Variety from the Silverman family for approximately $64 million. The two publications, which together generated $20–25 million in annual revenue primarily from and circulation in 1986, continued operations with Weekly Variety based in New York and Daily Variety in . This marked the end of family control after over eight decades and integrated Variety into Reed's portfolio of publications. Under Reed ownership, Variety underwent editorial transitions to adapt to evolving entertainment industries, including television and . Syd Silverman relinquished editorship of Weekly Variety to Roger Watkins in December 1987, followed by Peter Bart's appointment as editor in 1989, who focused on revitalizing content with sharper analysis and broader coverage. The publications maintained their signature reporting and industry obituaries while facing print circulation pressures; by the early 2000s, Reed's emphasis on cost efficiencies limited digital investments, contributing to stagnant online growth compared to competitors. Reed attempted to divest its U.S. trade magazine assets, including Variety, in February 2008 amid efforts to reduce exposure to cyclical markets like entertainment publishing, but the global financial crisis halted sales. Renewed divestiture efforts in March 2012 led to the sale of Variety to Penske Media Corporation for $25 million in October 2012, reflecting Reed's strategic exit from declining print media segments. During the 25-year tenure, Variety retained its status as a core industry resource despite broader challenges in trade journalism.

Penske Media Corporation Era (2012–Present)

In October 2012, (PMC), led by chairman and CEO , acquired Variety from Reed Business Information for approximately $25 million, marking the publication's second ownership change in its history. The deal positioned Variety alongside PMC's digital properties, including , though Penske emphasized operating them as distinct brands to leverage complementary strengths in . Post-acquisition, PMC shifted Variety toward a hybrid model emphasizing digital growth while reviving print elements. The daily print edition, which had struggled amid declining ad revenue, was discontinued in late 2012, with operations briefly transitioning to online-only before relaunching a weekly print magazine in March 2013. This restructuring, coupled with investments in online infrastructure and content expansion—such as the 2014 launch of the Dirt gossip column—helped stabilize the brand. Under Penske's oversight, Variety reported unprecedented profitability by integrating data analytics, event tie-ins, and cross-promotions within PMC's portfolio, reversing prior financial losses tied to print-heavy operations. PMC's broader expansions have indirectly bolstered Variety's ecosystem. In January 2023, a with acquired , enhancing Variety's coverage of awards shows like the Golden Globes through shared production resources and exclusive access. As of 2025, Variety remains a of PMC's 20-plus brands, with Penske maintaining control amid ongoing digital monetization via subscriptions, advertising, and proprietary intelligence tools. This era has seen Variety adapt to streaming dominance and fragmented media landscapes, prioritizing real-time data and insider reporting over legacy formats.

Editorial Content and Features

Core Coverage Areas (Film, Television, Music, Theater)

Variety has maintained comprehensive coverage of film since publishing its first review on January 19, 1907, evaluating early shorts like Pathé's comedy College Chums and Edwin S. Porter's The Life of a Cowboy. This marked an expansion from its origins into motion pictures, with ongoing reporting on production, distribution, and exhibition trends. The magazine provides on releases, , and studio developments; critical reviews by staff such as Peter Debruge and , assessing artistic merit, technical execution, and commercial viability without a numerical ; and data-driven features including weekly charts introduced via the 1933 launch of Daily Variety, which track domestic and international grosses from thousands of theaters. Awards-season analysis, led by Clayton Davis, forecasts Oscar contenders based on festival performances, guild voting patterns, and historical precedents, while interactive digital tools on Variety.com offer searchable archives of reviews dating to and production charts detailing scripts in development. Television coverage emerged as the medium gained traction post-World War II, evolving into daily news on network programming, streaming series, and cable outputs, with emphasis on pilot orders, renewals, and cancellation decisions driven by Nielsen ratings and subscriber metrics. Reviews by critics like Alison Herman and Aramide Tinubu evaluate narrative structure, performance quality, and cultural impact, often contextualized against industry shifts such as the decline of linear viewership from 90% penetration in 1980 to under 50% by 2020. Business reporting by Jennifer Maas and Michael Schneider dissects deal structures, such as multi-year output agreements valued at billions for platforms like , and previews seasonal slates, as in the 2025 fall lineup projecting 56 new and returning shows amid pressures reducing traditional ad revenues by 15% annually. Variety also tracks Emmy and other awards eligibility, correlating viewer data with critical reception to predict outcomes. Music reporting focuses on recorded and live sectors, delivering news on artist signings, tour announcements, and label mergers alongside revenue analyses, such as the 10.2% global growth to $28.6 billion in 2023 driven by streaming comprising 67% of totals. Critics Jem Aswad and Chris Willman review albums and concerts for artistic innovation and market resonance, while features examine disruptions like AI-generated tracks and ticket scalping inflating concert prices to all-time highs of $150 average in 2024. Coverage includes chart tracking via partnerships with Luminate, highlighting mid-year U.S. revenues of $8.7 billion in 2024 up 4% year-over-year, and live event economics, where promoters like Live Nation reported $6 billion quarterly highs despite secondary market resale adding 20-30% premiums. Theater coverage, termed "legit" in industry parlance, centers on Broadway and regional productions, with historical roots in the magazine's 1905 vaudeville focus transitioning to scripted stage works by the . Gordon Cox leads analysis of openings, closings, and financials, including gross reports showing Broadway's 2019 peak of $1.8 billion before pandemic declines to $1.1 billion in 2022. Reviews assess direction, choreography, and sustainability, as in the 2025 revival of praised for its panoramic depiction of American social shifts; annual lists spotlight emerging talents like Diego Andres Rodriguez amid 40+ new shows yearly. Variety chronicles labor dynamics, such as the 2025 tentative agreement averting a musicians' strike, and extends to international stages like London's West End via global bureaus.

Signature Elements (Reviews, Box Office Charts, Obituaries)

Variety's reviews, particularly of films, represent one of its earliest innovations, with the magazine publishing what is generally acknowledged as the first-ever movie review on , 1907, written by founder Sime Silverman. These initial critiques focused on short one-reel films alongside coverage, establishing Variety as a pioneer in evaluating emerging cinematic content for industry professionals. Over time, reviews expanded to encompass television, theater, and music, characterized by incisive analysis and the magazine's distinctive "slanguage"—a compressed, jargon-heavy style incorporating terms like "boffo" for outstanding performance and "ankle" for leaving a job. This linguistic flair, developed to fit tight deadlines and telegraph costs in the early 20th century, persists in headlines and critiques, distinguishing Variety from more conventional outlets. The magazine's box office charts originated as a practical tool for exhibitors, with Variety beginning to report grosses by individual theaters on , 1922, to provide nationwide data on performance amid the silent era's boom. This weekly aggregation of ticket sales from key markets like New York and offered exhibitors actionable insights into audience draw, influencing booking decisions and marking the start of systematic tracking in the trade press. By the mid-20th century, these reports evolved into broader domestic and international rankings, now digitized on Variety.com with interactive tools for historical and current data, including top-grossing s adjusted for inflation. Such charts remain a cornerstone for studios and analysts, though methodologies have shifted from manual theater reports to aggregated studio-submitted figures verified against third-party data. Obituaries form another hallmark of Variety's coverage, providing detailed retrospectives on industry figures since the magazine's in 1905, with a focus on career achievements, credits, and industry impact. These entries, often compiled from archival research and contributor accounts, have amassed over 100,000 historical notices by 1986, later reprinted in multi-volume sets for scholarly use, underscoring Variety's role as a primary for deceased professionals in , television, music, and theater. Unlike general news obits, Variety's emphasize professional legacies with precise credit lists and contextual analysis, maintaining a dedicated digital section for timely announcements that informs ongoing industry narratives.

Review Methodology and Notable Critics

Variety's , , theater, and music reviews are conducted by a team of specialized critics who attend advance screenings, press events, or performances, evaluating works through a lens that balances artistic merit—such as direction, acting, scripting, and technical execution—with commercial viability, including audience appeal, marketing potential, and or streaming prospects. This trade-oriented approach distinguishes Variety from consumer-focused outlets, prioritizing insights relevant to industry professionals over purely subjective audience reactions, often incorporating economic forecasts and distribution analysis alongside narrative critique. Reviews typically eschew numerical or star ratings in favor of qualitative prose, capsule summaries, and verdict phrases like "recommended" or "must-see," allowing for nuanced assessments without reductive scoring. The publication process emphasizes timeliness, with reviews embargoed until studio-approved release dates to align with promotional cycles, and assignments distributed based on critics' expertise in genres or formats; for instance, critiques often appear online and in print concurrently with weekend reports. While Variety maintains , its reviews have historically reflected a pragmatic realism shaped by the magazine's roots in and early cinema, focusing on entertainment value rather than experimentation, though contemporary pieces increasingly address cultural and social contexts. Critics are expected to disclose conflicts of interest, and the outlet's high factual reporting standards, as assessed by independent evaluators, underpin claims of reliability despite observed left-leaning editorial biases in broader coverage. Among Variety's notable critics, Peter Debruge has served as chief film critic since at least 2005, overseeing assignments and editing reviews while contributing analyses from international festivals, with a focus on emerging directors and global cinema. Owen Gleiberman, a long-tenured reviewer praised for his insightful takes on mainstream and indie films, joined Variety after stints at Entertainment Weekly, delivering critiques that emphasize narrative craft and cultural resonance. Historically, figures like Vincent Canby contributed early film reviews in the 1950s before moving to The New York Times, while Sime Silverman, the founder, personally authored many inaugural critiques starting with the first film review on January 19, 1907. Other influential voices include Justin Chang, who reviewed for Variety in the 2010s alongside festival coverage, and Scott Foundas, known for thoughtful examinations of Hollywood trends during his tenure. These critics have shaped Variety's reputation for authoritative, insider perspectives, often cited in awards-season discourse and industry deal-making.

Extended Products and Initiatives

Data and Analytics (Variety Insight)

Variety Insight was established in June 2011 through Variety's acquisition of TVtracker.com, a database-focused company founded in 1999 that specialized in television industry research and data solutions. This move expanded Variety's offerings beyond traditional into comprehensive , integrating TVtracker's assets with new tools like Flixtracker for data shortly thereafter. The platform provided subscribers—primarily studios, agencies, networks, and producers—with a tracking key elements of the film, , and sectors, including personnel contacts, project statuses, production deals, release schedules, and organizational charts. It featured proprietary metrics such as Vscore, a familiarity and appeal rating derived from aggregated industry data to gauge talent and project potential. Additional functionalities included customizable alerts for industry developments and research tools for deal analysis, enabling users to monitor trends in scripting, casting, and financing. In 2015, Variety Insight partnered with ScriptNoted, a cloud-based screenplay collaboration service, to embed its data directly into script review workflows, allowing users to cross-reference market insights with creative feedback for enhanced decision-making in development. This integration targeted producers and agents, streamlining evaluation of scripts for film, TV, or digital projects by combining qualitative notes with quantitative analytics on comparable titles and talent viability. By the early 2020s, Variety Insight's database had grown into one of the largest repositories of film and TV metadata, powering internal Variety reporting on , streaming viewership, and industry org charts while serving external clients for . Following Penske Media Corporation's broader data initiatives, the platform transitioned into Luminate Film & TV in October 2020, a incorporating Variety's assets with those from MRC Data to provide expanded across entertainment verticals. This evolution maintained Variety's influence in data-driven insights, with Luminate continuing to supply metrics for Variety's charts and analyses, such as streaming originals viewership.

International Editions (Variety Australia)

Variety Australia launched as a digital platform on , 2022, via a licensing agreement between , owner of the flagship Variety, and Australian independent publisher The Brag Media. This marked the second international edition of Variety, following Variety China in 2019, with an initial focus on delivering tailored coverage of the Australian sector to fill a gap left by the closure of titles like Encore magazine in 2013. Jake Challenor was appointed executive editor at debut, overseeing a mix of original reporting and syndicated content from the U.S. parent on film, television, music, radio, streaming, and industry business news. The platform emphasizes Australian-specific insights, including local production trends, box office data, executive moves, and streaming metrics, while maintaining Variety's signature analytical style on global crossovers affecting the domestic market. A print edition was announced for late 2022 to complement the online presence, though subsequent developments prioritized digital expansion and live events over confirmed print rollout. In September 2023, Variety Australia introduced a series amid rising audio consumption in the country, where data showed Australians surpassing Americans in per capita podcast listening. Key initiatives include premium events such as the Variety Australia Awards, the Entertainment 50 list recognizing innovative creators, and the Live Business Breakfast series, which in 2024 partnered with to highlight innovations in live music and within the sector. By 2025, the edition continued active coverage of Australian media revenue trends, such as Nine Entertainment's $1.75 billion annual figure, and breakout TV formats like whodunits and comedies driving local exports.

Multimedia Extensions (Actors on Actors, Events)

"Actors on Actors" is a video interview series produced by Variety in partnership with PBS SoCal, featuring paired conversations between prominent actors discussing their craft, projects, and careers. The series premiered on December 21, 2014, and airs episodes twice annually, aligned with the Oscars and Emmys seasons, with one conversation released daily over two weeks on Variety's digital platforms. Episodes are typically 30 to 50 minutes long and have included pairings such as Brad Pitt with Adam Sandler and Chris Evans with Scarlett Johansson. By Season 21 in 2024, the franchise had accumulated over 197 million social media views, marking a record for the series. Season 22 in 2025 set another benchmark as the most successful Emmys-season social campaign in franchise history. The series has earned multiple Daytime Emmy nominations, including its fourth in 2025 for outstanding informational series. Hosted by Variety's chief awards editor Clayton Davis, it complements print coverage by providing in-depth, insights that often influence awards narratives. A spin-off, "Directors on Directors," launched in 2021, follows a similar format for filmmakers. In 2025, Variety expanded the concept to Broadway actors, debuting specialized episodes. Variety organizes and hosts a range of in-person and virtual events that extend its multimedia presence, including private screenings, Q&As with talent, and industry galas focused on music, women in entertainment, and emerging artists. The "Power of Women" series, held in locations such as , New York, and Nashville, honors influential women in Hollywood for their professional and philanthropic contributions; the 2025 event featured honorees including , , and . The annual Hitmakers Brunch and Awards, Variety's inaugural music franchise, recognizes songwriters, producers, and artists; its eighth edition in December 2024 honored , , and , with ' Corps Collective named label of the year. Other events include the Power of Young Hollywood Party, which in August 2025 celebrated rising stars from Variety's annual issue, and "A Night in the ," fostering discussions among television scribes. These gatherings generate exclusive content for Variety's digital and video platforms, enhancing audience engagement beyond traditional .

Business Operations and Reach

Since its acquisition by Penske Media Corporation in 2012, Variety has prioritized digital expansion while maintaining a weekly print edition targeted at industry insiders. Print revenue increased by 10% in the years following the acquisition, bucking an industry-wide decline of one-third, though overall print circulation remains modest in scale compared to digital counterparts. Digital advertising revenue, by contrast, surged 367% during the same period, underscoring a strategic pivot to online delivery amid reader preferences for immediate access to entertainment news. Variety.com has ranked as the No. 1 entertainment business news site annually from 2022 through 2024 per metrics, surpassing trade competitors and even consumer outlets like Vanity Fair and in monthly audience size. In 2023, the site led traffic rankings every single month, with record-breaking monthly visits reported as early as March 2022. Current digital metrics highlight this dominance: Penske Media reports 26.2 million monthly reach and 10.2 million social followers, alongside 139 million average monthly video views. Variety's total digital audience spans 67 to 73 million monthly across platforms, including mobile and social, serving readers in over 150 countries. This growth aligns with broader media trends, where print readership erodes due to digital substitution, but Variety's trade-focused content has sustained print as a premium, targeted product for high-value advertisers and executives.

Office Locations and Infrastructure

Variety, owned by (PMC), maintains primary offices in , serving as its operational hub for editorial and business functions. The office is located at 11355 W. Olympic Blvd., , CA 90064, handling advertising, editorial, and news operations with a contact number of +1 323-617-9100. PMC, Variety's parent company, relocated its headquarters to LUMEN West LA in October 2023, a facility adjacent to the historic Sawtelle neighborhood, supporting broader media operations including Variety. This move underscores PMC's investment in modern office infrastructure to accommodate its portfolio of publications. A secondary office operates in at 475 , New York, NY 10017, focused on advertising with a dedicated line at +1 646-356-4795. This location supports East Coast industry coverage and coordination with Broadway and other theater-related reporting. PMC's New York presence, including spaces for Variety alongside brands like and , facilitates integrated media production and events as of early 2025. Internationally, Variety has a London office at 11 Golden Square, London W1F 9JB, , reachable at +44 (0) 20 3405 5350, aiding European coverage. Additional international bureaus exist without listed physical addresses, including (+33 (0) 6 14 12 72 02), (+39 (06) 581-1509), / (+34 (91) 766-1356), (+1 305-228-7440), and Hong Kong (+852-60792737), enabling global news gathering. These setups reflect Variety's shift toward a distributed, digital-first infrastructure, with print production likely outsourced to third-party facilities given the emphasis on online platforms and events. No public details specify proprietary data centers or production infrastructure unique to Variety, aligning with PMC's enterprise-level digital operations.

Cultural Influence and Industry Impact

Contributions to Entertainment Lexicon

Variety magazine's "slanguage"—a compressed, inventive jargon employed in headlines and articles since its 1905 founding by Sime Silverman—has profoundly shaped the entertainment industry's terminology, with select terms transcending niche use to enter mainstream English. This stylistic innovation prioritized brevity and vividness, often blending abbreviations, puns, and portmanteaus to convey complex industry developments succinctly, influencing how show business concepts are discussed globally. Prominent examples include "," coined by Variety in 1938 to denote covert bribes or incentives given by record labels to radio personnel for promotion, a term that gained prominence during the 1950s scandals involving disc jockeys like . "Sex appeal," originating in Variety's early coverage of performers' allure, described an artist's capacity to attract audiences via sexual magnetism, as in references to stars like ; the phrase, explicitly credited to the magazine, became a staple in and by the mid-20th century. "Sitcom," a shorthand for "situation comedy," emerged from Variety's television reporting in the post-World War II era, encapsulating episodic narrative formats reliant on recurring characters and domestic scenarios, and rapidly adopted across media criticism. Similarly, "soap opera" was popularized by Variety in the 1930s to label daytime radio and later television serials sponsored by soap manufacturers, evoking their melodramatic plots and targeted female audiences; the term endures for analogous extended narratives in various formats. "Striptease," coined in Variety's reviews of the and , denoted the gradual removal of clothing as a theatrical act, distinguishing it from mere undressing and embedding it in discussions of evolution and debates. These contributions, documented in Variety's own Slanguage Dictionary, underscore the magazine's role in codifying ephemeral industry slang into durable lexicon, though attributions reflect historical consensus rather than undisputed invention in every case.

Role in Shaping Industry Narratives

Variety pioneered systematic reporting in the early , establishing metrics that define commercial success in and profoundly influence studio decision-making, marketing strategies, and investor perceptions of profitability. This provided the industry with quantifiable data on audience turnout and revenue, shifting narratives from anecdotal hype to empirical performance benchmarks, as evidenced by its annual domestic totals tracking $8.75 billion in U.S. ticket sales for 2024 alone. Founded in by Sime Silverman as a weekly publication targeting vaudeville performers in , Variety evolved into a comprehensive chronicle of transitions—from stage to silent films in the , then radio, television, and —often breaking stories that set the conversational agenda for producers, agents, and executives. By , it had expanded to daily editions, cementing its role as an authoritative voice that frames emerging trends, such as the post-pandemic shift toward hybrid theatrical-streaming releases. In awards seasons, Variety's dedicated coverage, including the Awards Circuit predictions and features like "Actors on Actors," amplifies contender narratives, generates voter buzz, and impacts outcomes by spotlighting critical darlings and strategic campaigns, as seen in its of category placements for romantic leads and Best Picture races. Through annual lists such as the Power of Young Hollywood Impact Report and special reports on industry hurdles, Variety identifies rising influencers and dissects structural challenges—like production exoduses or dynamics—directing capital flows and shaping discourse on viability in a fragmented media landscape.

Achievements in Journalism and Reporting

Variety has garnered significant recognition for its contributions to entertainment journalism, particularly through consistent wins in specialized awards. In December 2024, the publication secured 14 first-place honors at the 17th annual National Arts & Entertainment Journalism Awards, administered by the Los Angeles Press Club, highlighting excellence in categories such as online commentary, criticism, and multimedia storytelling. Earlier that year, Variety received two National Magazine Awards from the American Society of Magazine Editors for best covers, including the "Michael J. Fox Tells His Story" issue, underscoring its impact in visual and narrative journalism. The magazine's reporting prowess is further evidenced by repeated dominance at the SoCal Journalism Awards. In 2025, Variety claimed 16 first-place awards, including Best Website and Entertainment Journalist of the Year for executive editor Brent Lang, surpassing all other entertainment outlets. Prior years saw similar hauls, with 14 first-place wins in one iteration and eight in another, reflecting sustained excellence in breaking , analysis, and industry coverage. These accolades affirm Variety's role as a for verifiable data like figures and production charts, which industry executives have relied on for decades to inform decisions. Beyond awards, Variety's digital platform has been ranked the top entertainment business site for three consecutive years as of 2025, outpacing consumer-focused outlets in audience reach and engagement metrics. Its special reports and VIP features have influenced sector-wide discussions on topics ranging from streaming to AI integration, providing data-driven insights that shape executive strategies and policy. This reporting legacy, rooted in daily trade dispatches since 1905, positions Variety as a foundational pillar in , prioritizing timely, insider-accessible facts over broader investigative exposés.

Criticisms and Controversies

Allegations of Left-Leaning Bias

Critics have alleged that Variety exhibits left-leaning bias in its editorial choices and coverage of political matters intersecting with entertainment, particularly through favorable treatment of progressive figures and causes while adopting skeptical tones toward conservatives. Media watchdog organizations have assessed Variety as left-center biased, citing patterns such as selective emphasis on stories aligning with liberal viewpoints and wording that frames right-leaning entertainment figures more critically. For instance, shifted its rating of Variety from Center to Lean Left in July 2023 following an independent review, noting that while much content remains nonpartisan entertainment reporting, political-adjacent pieces often reflect a subtle progressive tilt. Similarly, classifies it as Left-Center based on editorial positions moderately favoring the left, though maintaining high factual accuracy in reporting. concurs, rating it as skewing left while deeming it highly reliable for analysis and fact-reporting. A notable example cited by detractors is Variety's unprecedented endorsement of for President in the 2016 U.S. election, the first such political backing in its over-century history, which aligned the publication explicitly with Democratic priorities amid Hollywood's broader support for her campaign. This move drew accusations of partisanship from conservative commentators, who argued it blurred the line between trade journalism and advocacy, especially given Variety's influence on industry narratives. In coverage of conservative entertainers or events, such as defenses of late-night hosts like amid controversies over partisan monologues, Variety has been accused of minimizing ideological extremism; a September 2025 article described Kimmel as not a "movement liberal," prompting rebuttals that this understates his consistent anti-Trump rhetoric and reflects protective bias toward aligned figures. Allegations extend to Variety's handling of cultural debates, where critics contend it amplifies progressive critiques of traditional values while downplaying counterarguments. For example, in reporting on industry responses to political figures like , articles have highlighted celebrity opposition and framed conservative-leaning projects as outliers or risks, contributing to perceptions of an echo-chamber effect Hollywood's dominant left-leaning demographics. Such patterns, observers argue, stem from the publication's deep ties to an industry where self-censorship and ideological prevail, potentially compromising objective trade analysis. Defenders counter that Variety's focus remains primarily apolitical, with claims overstated given its high standards, though the cited ratings indicate a consistent, if moderate, leftward lean in opinion-influenced content.

Factuality and Reporting Standards

Variety has been rated highly for factual reporting by media bias evaluators, with assigning it a "High" score due to proper sourcing, minimal failed fact checks, and a track record of distinguishing from . similarly places Variety in the reliable range for content, scoring above 40 on a 0-64 scale for factual accuracy in analyzed articles. These assessments reflect Variety's emphasis on verifiable industry data, such as figures, deal announcements, and executive movements, which are often cross-checked against studio releases and financial disclosures. Despite this, Variety has issued corrections for factual errors, including misattributing photographs at industry events in 2000 and incorrectly reporting MSNBC's ratings superiority over during the that year. A notable lapse occurred on July 26, 2016, when Variety prematurely published a report claiming member had died, based on an unverified tweet; the magazine quickly retracted the story and apologized, attributing the error to a failure in source verification amid a hoax circulating online. Variety's reporting standards align with trade journalism norms, prioritizing speed in breaking entertainment news while relying on insider access and , though critics have noted occasional reliance on anonymous sources without corroboration, potentially risking accuracy in speculative deal reporting. The publication has not publicly detailed a formal policy but routinely posts amendments online when errors surface, as seen in its historical corrections logs. Recognition for journalistic excellence includes multiple wins at the National Arts and Entertainment Awards, with 14 first-place honors in 2024 for categories emphasizing investigative and reporting accuracy, and the Los Angeles Press Club's SoCal Awards, where Variety claimed best website for traditional organizations in 2025. These accolades underscore strengths in factual coverage, though they pertain more to arts-specific than broader rigor.

Conflicts of Interest and Hollywood Ties

Variety operates under (PMC), which has consolidated ownership over major Hollywood trade publications including and Deadline, creating a near-monopoly on industry news dissemination as of 2020. This structure centralizes advertising revenue and event sponsorships from studios and talent agencies, fostering dependencies that critics argue compromise independent reporting. PMC's portfolio extends to production entities like , which organizes high-profile awards shows such as the , events that Variety covers extensively, blurring lines between journalism and commercial interests. A significant portion of Variety's revenue derives from Hollywood , particularly during awards seasons, where studios purchase promotional space to influence narratives around films and talent. This reliance has led to accusations of "pimping" events like the Golden Globes, with reports in 2024 highlighting emerging conflicts as PMC promotes and reports on industry ceremonies simultaneously. Historical incidents, such as a 2001 internal review finding that then-editor Peter Bart's actions created an appearance of conflict involving Hollywood executives' influence on editorial decisions, underscore longstanding concerns. Critics contend that these ties incentivize favorable coverage to preserve access and revenue streams, potentially suppressing investigative stories on studio misconduct or financial improprieties. PMC CEO Jay Penske's expansion of the media empire, despite past legal disputes over business practices, has amplified its sway over Hollywood's informational ecosystem, where a single entity's dominance can shape public and industry perceptions without robust competitive checks. Such integrations reflect broader causal dynamics in trade journalism, where with sources erodes separation between reporting and promotion.

References

Add your contribution
Related Hubs
User Avatar
No comments yet.