"Janice's bold leadership, editorial acumen and creative flair have been critical to our success at a time of enormous upheaval in the media industry," said Todd Boehly, chairman and CEO of Eldridge Industries. "I not only admire her talent, I also consider her a friend, and I'm tremendously excited by the opportunity to work with her more closely at Eldridge."
"It has been a great privilege and adventure to lead and grow two such iconic and special brands with this talented group of people and friends," said Min. "I'm confident that I'm leaving The Hollywood Reporter and Billboard in excellent hands with Matt and Mike, and I'm looking forward to helping Todd Boehly and his team at Eldridge reimagine the media landscape."
"I'm thrilled by the opportunity to lead this amazing editorial team and indebted to Janice for her vision and all she has taught me during our six years working together," said Belloni. "These are enormous shoes to fill."
Min took the helm of The Hollywood Reporter in 2010, engineering one of publishing's biggest media turnarounds in history. In 2014, she was given oversight of Billboard with similar results. During her tenure, the two publications' combined digital audience nearly quadrupled.
The Hollywood Reporter is now the most widely read media outlet in the entertainment industry and just completed its four biggest months in web traffic in its history. Advertising revenue has more than doubled, with consistent year-over-year double digit growth in areas including luxury, fashion, airlines and automotive.
Today, The Hollywood Reporter-Billboard Media Group reaches nearly 27 million readers a month online, per ComScore. Recent newsmaking content includes a short documentary about Hollywood's relationship with the gun industry, the first post-election interview with Trump senior adviser Steve Bannon and podcast interviews covering Oscar season with an array of top talent, including Denzel Washington, Natalie Portman and Mel Gibson.
Under Min's leadership, The Hollywood Reporter won numerous accolades, including two National Magazine Awards for General Excellence in the Special Interest category in 2015 and 2016, four consecutive years of nominations for General Excellence, and two nominations for Magazine of the Year by the American Society of Magazine Editors. Min and her team also won an Emmy in 2014 for executive producing the televised roundtable Hollywood in Focus: Wolf of Wall Street.
Belloni first joined The Hollywood Reporter in 2006. A former entertainment lawyer, he began as editor of THR's legal vertical and became news director after Min took over the publication in 2010. For the past three years, he has served as executive editor of both The Hollywood Reporter and Billboard, leading news operations for digital and print.
This article was originally published on The Hollywood Reporter.