After 50 years of history, Rolling Stone is up for sale
After 50 years of independent history, legendary music and pop culture mag Rolling Stone is now up for sale.
Gus Wenner, son of Rolling Stone founder Jan and president and chief operating officer of Wenner Media, said in a statement that the company wanted to "explore strategic options for its majority interest in Rolling Stone to best position the brand for future growth."
Wenner Media has already sold Us Weekly and Men's Journal to American Media.
"We have made great strides transforming Rolling Stone into a multi-platform company, and we are thrilled to find the right home to build on our strong foundation and grow the business exponentially," Gus Wenner said. Read more...
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After 50 years of history, Rolling Stone is up for sale
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Reviewed by mimisabreena
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Monday, September 18, 2017
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