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SXSW, which started as a music festival in Austin, Texas, expanded in 1987, to an event that was long for three weeks of programming: music, movies and interactivity. Penske, who has leaflets like Rolling Stone and Hollywood Reporter and events like Golden Globes, invested for the first time in the festival in 2021. At that time, I bought 50 percent of the company with a partner, MRC. Pinsk dominated the festival two years ago by buying another 1 percent.
Many of the people who were postponed last week with the festival decades ago, including Lillian Park, the company’s head of communications, who had been working by SXSW since 1988. “I moved to Scotland to hang with sheep.”
Mr. Forrest joined SXSW in 1989, just two years after its start, as the first paid employee at the festival. He managed SXSW Interactive from 1994 to 2017. He took over the role of the co -chair in 2022. In 2024, he was appointed the only president. Mr. Forest was widely admired within the organization. He worked without salary during the epidemic to help maintain others. Last year, he took a wage reduction to provide additional jobs.
As part of the reorganization, Greg Rosnnjam, co -founder and vice president of SXSW ED, was raised, an event focusing on education, to the head of the programming of the entire festival; Peter Lewis, chief partnership official, was promoted to lead partnerships and strategy; Brian Hobbes, SXSW Director, is now vice president of the Music Festival.
Nick Barbaro, co -founder of the festival and a member of the Board of Directors, like many other festivals, said, SXSW was unable to re -profit margins to Prepand feature levels. He added that new events in London this summer and Sidney, Australia, which started two years ago, have improved the final result of the organization.
