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Can you list the top facts and stats about Variety (magazine)?
Summarize this article for a 10 years old
Variety is an American magazine owned by Penske Media Corporation. It was founded by Sime Silverman in New York City in 1905 as a weekly newspaper reporting on theater and vaudeville. In 1933, Daily Variety was launched, based in Los Angeles, to cover the motion-picture industry. Variety's website features entertainment news, reviews, box office results, plus a credits database, production charts and film calendar.
|Editor-in-Chief||Claudia Eller (co-editor)|
Cynthia Littleton (co-editor)
December 16, 1905; 117 years ago (1905-12-16) in New York City
1933 (1933) in Los Angeles
1998 (1998) in New York City
|Company||Penske Media Corporation|
|Based in||Los Angeles, California, U.S.|