Prometheus Global Media was a New York City-based B2B media company.
The company was formed in December 2009, when Nielsen Company sold its
entertainment and media division to a private equity-backed group led
by Pluribus Capital Management and Guggenheim Partners. Guggenheim
acquired Pluribus's stake in the company in January 2013, giving it
full ownership under the division of Guggenheim Digital Media.The
company owned and operated a number of major entertainment industry
trade publications and their associated digital properties, including
Adweek, Backstage, Billboard, Film Journal International, and The
Hollywood Reporter.On December 17, 2015, it was announced that
Guggenheim would spin out its media properties to a group led by
former executive Todd Boehly, known as Eldridge Industries.On December
10, 2009, the Nielsen Company announced that it would sell its
Business Media division, which included brands such as Adweek,
Billboard, and The Hollywood Reporter, to a new company known as e5
Global Media; a joint venture between Guggenheim Partners and Pluribus
Capital Managementâ€"a company led by James Finkelstein, Matthew
Doull, and George Green. Two Nielsen properties, Editor & Publisher,
and Kirkus Reviews, were not included in the sale, and were to be shut
down. Editor & Publisher would instead be sold to the Duncan McIntosh
Company, and Kirkus Reviews would be sold to Herbert Simon. The
company's first CEO was Richard Beckman, previously an executive and
publisher at Condé Nast and Fairchild Publications, and former
publisher of magazines GQ and Vogue. Beckman's career suffered a
setback in 1999 following "some inappropriate behavior" resulting in
injuries to Vogue's West Coast advertising director Carol Matthews,
while Beckman was Matthews' publisher at Condé Nast. Prometheus Global Media Biography, NetWorth, Height, Age, Weight, Family, Married, Son, Daughter