The Hollywood Reporter (THR) was founded in 1930 by William R. Wilkerson, who had a passion for the entertainment industry and saw a need for a daily trade newspaper focused on Hollywood. Wilkerson's idea was to create a platform that would cover the film industry in a way that hadn't been done before, offering insider information and gossip alongside more serious industry news. Today, The Hollywood Reporter is owned by Penske Media Corporation through a joint venture with MRC called PMRC, which assumed day-to-day operations in September 2020 . Based in Los Angeles, California, The Hollywood Reporter covers a wide range of topics related to the entertainment industry, including film, television, music, and digital content. They report on industry news, box office results, celebrity interviews, and provide reviews of movies and TV shows. While primarily focused on entertainment, THR also touches on how the industry intersects with politics, business, and technology. The publication has expanded beyond print to include a website, digital editions, and various events and conferences . **One interesting fact**: The Hollywood Reporter was actually the first daily entertainment trade paper to launch a website back in 1995. This early adoption of digital media showcased the publication's forward-thinking approach and helped establish its presence in the online news space .