Rolling Stone for sale

Jann Wenner Net Worth

That’s too bad. While I don’t always agree with their political coverage, they have gone into issues with a depth and breadth we don’t see in many places these days.

Both Jann and Gus Wenner, the president and chief operating officer of Wenner Media, said they intended to stay on at Rolling Stone. But they said they also recognized that the decision could ultimately be up to the new owner.

Still, the potential sale of Rolling Stone — on the eve of its 50th anniversary, no less — underscores how inhospitable the media landscape has become as print advertising and circulation have dried up.

“There’s a level of ambition that we can’t achieve alone,” Gus Wenner said last week in an interview at the magazine’s headquarters in Midtown Manhattan. “So we are being proactive and want to get ahead of the curve.”

“Publishing is a completely different industry than what it was,” he added. “The trends go in one direction, and we are very aware of that.”

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