Industry Maven to Oversee Portfolio of Music, Film and Advertising Media Brands
NEW YORK – e5 Global Media LLC, a company recently formed jointly by Pluribus Capital Management, a media private equity partnership, and Guggenheim Partners, a global diversified financial services firm, announced that it has hired Richard D. Beckman as chief executive officer. Beckman, a seasoned media executive with an outstanding track record, will oversee the media assets that e5 Global Media recently acquired from The Nielsen Company: The Hollywood Reporter, Billboard, Adweek, Brandweek, Mediaweek, Backstage and Film Journal International, as well as the Film Expo business, which includes ShoWest, ShowEast, Cinema Expo International and CineAsia trade shows.
Jimmy Finkelstein of Pluribus Capital and Chairman of e5 Global Media, commented, “I have wanted to work with Richard since the first time I met him more than a decade ago. His brilliance and imagination will be a perfect match for e5’s portfolio of assets, with its focus on music, film, entertainment and the advertising world.” Todd Boehly, Managing Partner in the Office of the CEO at Guggenheim Partners, added, “we are extremely pleased to welcome Richard to e5. His broad industry knowledge, energy and track record make us confident he will be an excellent partner in building a global media company.”
Beckman said, “I’m very excited to become a partner with Pluribus and Guggenheim in this venture of creating an important media and entertainment company. My career and my passions have centered on the music, entertainment and media industries, making this collection of brands particularly alluring to me. I look forward to developing these already valuable brands and improving and extending them in the years to come.”
Beckman has worked for Condé Nast for the past 24 years where he has had numerous successes and achievements. Most recently he was president and CEO of the Fairchild Fashion Group since March 2009. Prior to that, he held the roles of president of Condé Nast Media Group and chief marketing officer of Condé Nast Publications for seven years, and in prior years was vice president and publisher of Vogue, GQ, and Condé Nast Traveler. He is known as an industry leader for the creation of large-scale, integrated multi-platform advertising programs and events, including the Emmy Award-winning Movies Rock, as well as Fashion Rocks, GQ “Men of the Year,” and the VH1/Vogue Fashion Awards.
Pluribus Capital Management LLC is a private equity partnership founded by James A. Finkelstein, Matthew Doull and George Green to focus on acquiring industry leading media properties.
About Guggenheim Partners
Guggenheim Partners, LLC is a diversified financial services firm with more than $100 billion in assets under supervision. The firm’s businesses include investment management, investment advisory, insurance, investment banking and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe and Asia.