Senior Director, Business Development
PMC
Los Angeles, CAThis is a Full Time Job
PMC: Senior Director, Business Development
Penske Media Corporation is hiring a talented and results-oriented Senior Director, Business Development to join our Corporate Business Development team in West LA or Midtown Manhattan. This role will report into the SVP, Business Development and will proactively identify and execute new content distribution deals and handle contract renewals, working collaboratively with internal/external stakeholders to ensure successful outcomes.
As PMC values in-person collaboration and team cohesion, employees work onsite 4 days a week and 1 day remotely with a focus on maintaining a vibrant and inclusive culture.
Responsibilities:
• Source, structure, negotiate and execute new licensing and distribution deals that drive incremental revenue across the PMC portfolio of brands
• Own independent deal pipeline and provide regular updates to SVP, Business Development and key exec stakeholders
• Negotiate and execute renewals for existing content licensing deals and other Biz Dev partnerships in areas including but not limited to content syndication, video distribution, product licensing, streaming and social
• Devise and test new revenue models with the aim of further diversifying revenue streams; will also keep a pulse on the changing media industry and feed knowledge back to PMC exec team
Requirements:
• At least 6 years' experience in digital media business development or a similar role preferably at a Media/Entertainment company
• Solid understanding of contract review including the ability to expertly review/redline contracts and work closely with Legal to close deals
• Possesses strong negotiation skills and is adept at developing leads, pitching partnership concepts, and conducting diligence
• Demonstrated success in developing new revenue streams from owned IP via creative deal-making and partnerships
• Deep understanding and comfort with Media and Entertainment industry revenue models with a proven track record of driving deals; product licensing experience is a bonus but is not required
• Extensive experience in managing and optimizing partnerships through deal execution and beyond
• Strong organizational, time management, and prioritization skills with high attention to detail
• An expert communicator with a proactive, extroverted demeanor and a strong sense of urgency
• Adept at managing multiple projects in a fast-paced and dynamic working environment
At PMC, we believe working in a highly collaborative, office-first environment fosters real-time communication, spontaneous idea sharing, and stronger interpersonal relationships that drive innovation and team cohesion. PMC prioritizes in-person collaboration and does not offer remote-only roles.
Salary/Benefits
$150,000 - $175,000 /year USD
Factors that could be used to determine your actual salary may include your specific skills, years of experience and comparison to current employees already in this role.
Benefits
• Medical, dental, and vision insurance
• Flexible Spending Accounts (Healthcare, Dependent Care & Commuter)
• Employee Assistance Program
• Life insurance
• Short- and long-term disability
• Paid parental leave
• 401(k) Retirement Plan with an Employer match
Perks
• Company discounts
• Pet insurance
• Home & auto insurance
• Mortgage discounts
• Savings on wellness, lifestyle, and financial essentials
• Flexible vacation policy
Additional Information
Penske Media Corporation (PMC) is a leading global media and information services company whose award-winning content attracts a passionate monthly audience of more than 500 million people. Since 2004, PMC has been a pioneer in digital media, owning over 300 live events and reaching audiences across all screens. Recognized as one of the Top 100 Private Companies in the United States and North America, PMC encompasses iconic media brands such as Variety, Rolling Stone, The Verge, Billboard, The Hollywood Reporter, WWD, SHE Media, Robb Report, Deadline, Eater, Sportico, ARTnews, Fairchild Media, VIBE, IndieWire, SB Nation, ARTFORUM, POPSUGAR, Gold Derby, BEAUTY INC, Art in America, Punch, and The Dodo. Its live events include prestigious occasions like the Golden Globes, SXSW, Academy of Country Music Awards, Billboard Music Awards, Dick Clark's New Year’s Rockin’ Eve, American Music Awards, and Latin Music Week. Additionally, PMC features Luminate, a premier music and entertainment data and analytics company. The company is co-headquartered in New York and Los Angeles, with offices in 14 countries worldwide.