Variety is a privately owned company headquartered in the US, founded in 1905, with approximately 660 employees, and functioning as a tier 1 media tech buyer. The company specializes in entertainment, offering news and analysis within the industry.

Revenue

Founded

1905

Headcount

748

Headquarters

United States

Primary Segment

Entertainment

Ownership

Privately Owned

News Summary:

On June 15, 2026, Variety, alongside Out, documented actress Laverne Cox's assertion that her income dropped 90% over two years, which she attributed to policies under Donald Trump's administration targeting trans rights and DEI initiatives. Previously, on June 11, actor Tracy Morgan, 57, utilized a new Variety interview to pivot from comedic anecdotes to advocate for colon cancer screenings. This followed Variety's May 27 hiring of Corbin Bolies from The Wrap to cover the expanding intersection of artificial intelligence and the entertainment business, a beat becoming central to strategic discussions across Hollywood, television, streaming, and digital media. Earlier, on May 11, Variety received 100 nominations for the Los Angeles Press Club’s 2025 SoCal Journalism Awards, which included four Journalist of the Year finalists: Daniel D’Addario for print, Brian Steinberg for online, and Brent Lang and Chris Willman for entertainment.

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