Lee Evan Caplin (born September 8, 1946) is an American entertainment and communications industry executive. He is the founder of Picture Entertainment Corporation, and is its chairman and CEO.[1] Caplin also founded iSTAR (Immersive Studio for Altered Reality) at FIU (Florida International University) within CARTA (Communication, Architecture + The Arts) in Miami. He previously co-founded and was a director with Jay Penske of Velocity Services Inc., which was later renamed Mail.com Media Company and eventually renamed Penske Media Corporation, which owns Variety and Rolling Stone magazines.[2]