Eldridge Industries owns and invests in film, television, digital media, publishing, and live entertainment companies. In 2023, Eldridge Industries and Penske formed the joint venture Penske Media Eldridge, which includes
Dick Clark Productions,
The Hollywood Reporter,
Billboard,
Variety,
Rolling Stone,
Vibe,
Music Business Worldwide, and an investment in
South by Southwest and
Life Is Beautiful Music & Art Festival. Eldridge Industries took ticket retailer
Vivid Seats public in 2021. In 2026, Eldridge Industries and
Arctos Partners were announced as managers of a new fund that invests in sports leagues and entertainment companies.
Music The company has invested in
music catalogs as a source of cash flow, similar to real estate. In November 2020, Eldridge Industries acquired the music publishing rights to American rock band
The Killers, covering the band's first five albums.
Universal Music Publishing Group will continue to administer the catalogue. In December 2021, the company partnered with
Sony Music Group to finance the acquisition of
Bruce Springsteen's recorded music and songwriting catalogue. The deal, which was estimated to be between $500 million and $600 million, was reportedly the largest transaction for an individual artist's music rights to date. In 2023, it was announced that Eldridge Industries was the largest investor in
Gamma, a music media company founded by
Larry Jackson. The company partnered with artists such as
Snoop Dogg and
Usher, and made plans to develop films with A24.
A24 Eldridge Industries is a cofounder of independent film company
A24, which has produced films and television series such as
Everything Everywhere All At Once, Uncut Gems,
Civil War, and
Euphoria. The company was valued at $3.5 billion in 2025, and has been nominated for 87
Academy Awards, of which it won 21. It is the first studio in history to win the top six
Academy Awards in a single year, after winning
Best Picture,
Best Director,
Best Actor,
Best Actress,
Best Supporting Actor, and
Best Supporting Actress in 2023.
Golden Globes Eldridge Industries and Dick Clark Productions acquired the assets, rights and properties of the
Golden Globes to operate as a private enterprise in 2023. Under this deal, the non-profit
Golden Globe Foundation was established to handle the philanthropic efforts of the former HFPA, which was dissolved. The 2024 Golden Globes aired on
CBS on January 7, 2024 and was watched by 9.4 million viewers, the show's highest ratings since before the COVID-19 pandemic. The 2024 Globes included six nominees per category over the former five nominees, and two new awards categories: "Stand-up Comedy" and "Cinematic and Box Office Achievement." The
83rd Golden Globes aired on January 11, 2026 and added a new category: "
Best Podcast". The broadcast of the 83rd Golden Globes had over 8.6 million viewers and 43 million impressions on social media, the highest level of online engagement in the awards' history.
Investments and affiliated companies == Defense and aerospace ==