2017. On February 1, 2018, Eldridge Industries announced the merger of its media properties with Media Rights Capital to form Valence Media (later rebranded in 2020 as simply MRC). In February 2017 Min announced she was stepping down from her role as President/Chief Creative Officer overseeing The Hollywood Reporter and Billboard to take on a new role at its parent company. Simultaneously, it was announced that longtime executive editor Matthew Belloni would take over as editorial director. 2020–present: PMC joint venture In April 2020, Belloni announced he was stepping down after 14 years at the publication in the wake of recent clashes with the company's leadership over editorial issues. At the end of April 2020, The Hollywood Reporter named Nekesa Mumbi Moody as the editorial director who was expected to begin on June 15, 2020. In September 2020, Penske Media assumed the day-to-day operations of Billboard and The Hollywood Reporter through a joint venture with MRC known as PMRC. The agreement also included opportunities for MRC to develop content based on PMC's publications. On August 5, 2022, Boehly pulled out of the MRC joint venture, and bought back the assets he had contributed to it, including The Hollywood Reporter. Publishers Founder Billy Wilkerson served as the publisher of THR until his death in September 1962. Wilkerson's wife, Tichi Wilkerson Kassel, took over as publisher and editor-in-chief when her husband died. Robert J. Dowling, who was named president of THR when Kassel sold the company, became editor-in-chief and publisher in 1991. Tony Uphoff assumed the publisher position in November 2005. John Kilcullen replaced Uphoff in October 2006, as publisher of Billboard. Kilcullen was a defendant in Billboards infamous "dildo" lawsuit, in which he was accused of race discrimination and sexual harassment. VNU settled the suit on the courthouse steps. Kilcullen "exited" Nielsen in February 2008 "to pursue his passion as an entrepreneur." In April 2010 Lori Burgess was named as publisher. Burgess had been publisher of OK! magazine since October 2008. Michaela Apruzzese was named associate publisher, entertainment in May 2010. Apruzzese previously served as the director of movie advertising for Los Angeles Times Media Group. Lynne Segall, former vice president and associate publisher, was named publisher and senior vice president in June 2011. Editions Print The weekly print edition of The Hollywood Reporter includes profiles, original photography and interviews with entertainment figures; articles about major upcoming releases and product launches;