OLD Media Moves

Penske Media to launch sports biz publication Sportico

Penske Media Corp. said Thursday that it would launch a sports business publication called Sportico.

It will launch this summer and have offices in New York and Los Angeles.

Its editor and head of content will be Scott Soshnick, a former Bloomberg News sports business reporter. The president and CEO will be veteran sports and entertainment executive Dick Glover.

“There couldn’t be a better team than Dick and Scott to launch Sportico and provide the leadership needed to create a successful digital media business,” said Penske CEO Jay Penske in a statement. “The strength of PMC’s financial standing allows us to be in perfect position to launch and rapidly expand this new venture at this unique time.”

Soshnick spent the past 27 years at Bloomberg News and established himself as the one of the nation’s leading and most respected sports business reporters. Most recently, he was responsible for spearheading Bloomberg’s sports business coverage and co-hosted a “Business of Sports” radio show and self-created podcast.

In addition to his reporting, Soshnick was intricately involved in the creation and execution of Bloomberg’s power lunch series that featured commissioners, owners, media executives, bankers, attorneys, investors and more.

Penske’s other publications include Variety, Rolling Stone and WWD.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Indianapolis Biz Journal seeks a news editor

The Indianapolis Business Journal is looking for our next news editor, a role that focuses…

11 hours ago

Axios hires Berkowitz as ME for media and markets coverage

Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…

16 hours ago

Business Insider hires Ortega as director of newsroom operations

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…

16 hours ago

Rest of World promotes Chandran to deputy editor

Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…

17 hours ago

FT hires Venugopal as India newsletter editor

The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…

17 hours ago

FT taps Parkin to be Middle East and Africa news editor

Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…

20 hours ago