High Quality Content by WIKIPEDIA articles! Variety is an American weekly entertainment-trade magazine owned by Penske Media Corporation. Founded by Sime Silverman in New York in 1905 as a weekly, in 1933 it added Daily Variety, based in Los Angeles, to cover the motion-picture industry. In 1998 it brought out Daily Variety Gotham, based in New York. Variety.com is a paid site of news, reviews, archives, box office results, credits database, production charts and calendar, with content dating back to 1914. Variety Events is a series that includes the Variety Screening Series, held in New York and Los Angeles, and philanthropic events such as Power of Youth, Power of Women, Power of Comedy, and Power of Music. Variety also produces conferences on the entertainment industry.