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10/11/2012 12:55 pm ET Updated Dec 11, 2012

Jay Penske Tells Variety: Pay Wall Ends, Print Stays, Digital Expands - Deadline.com

The PMC boss also said that Variety's print publications are still going to come out for the foreseeable future. And he said he plans to invest more in Variety's digital platform and expand its editorial reach. No more specifics were provided. The town hall ended around 5:10 PM. A Deadline reporter arriving to cover the Variety town hall wound up escorted from the building by security before it began.

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