Wenner to Sell 49% of Rolling Stone to Singapore’s BandLab

Discussion in 'Article Discussion' started by Melody Bot, Sep 27, 2016.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Jan Wenner has sold a 49% stake of Rolling Stone to Bandlab Technlogies. Bloomberg reports:


    After a five-decade run full of interviews with pop stars and presidents, the founder of Rolling Stone is selling 49 percent of the iconic magazine to an Asian billionaire’s son. It’s the first time Wenner has admitted an outside investor, a deal that encapsulates the plight of an industry fighting to stay relevant in an online age. Wenner Media LLC also owns Us Weekly and Men’s Journal.

     
  2. heymattrick

    Denver, CO Supporter

    I've gotten Rolling Stone pretty much every month for the past 5 years or so. I'm not sure how...I never myself signed up or paid for a subscription. But I feel it has something to do with shopping at Best Buy. Anytime I've ever stopped receiving it, I start getting it again after visiting Best Buy. But I usually flip through it once and throw it away. I don't feel like there's been anything relevant to me as a music fan in Rolling Stone recently.