Penske Media Corp. has acquired Indiewire.com, which provides coverage of independent film and television production, said the Los Angeles Times. Terms of the purchase from SnagFilms Inc., the site’s owner since 2008, were not disclosed.

The deal announced Tuesday adds to Penske Media’s portfolio of web properties that deliver news of the entertainment business, including Deadline Hollywood, TVLine.com, Hollywood Life, Gold Derby and Bollywood Life. Penske Media also owns the digital and print versions of show business bible Variety.