Just what is happening at Prometheus Global Media? The company that owns The Hollywood Reporter and Billboard appointed Dottie Mattison as CEO on Monday after quietly terminating Richard Beckman on Friday.
Few in the media were made aware of the news, but that may be because it's not a pretty picture over there.
Beckman was fired after he was pushed aside a year ago when ad sales in the upscale fashion and luxury category did not materialize for Prometheus' revamped, glossy The Hollywood Reporter.
Source: http://www.thewrap.com/media/column-post/new-prometheus-ceo-named-hollywood-reporter-bleeds-6m-46521
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