Deadline – Jann Wenner Selling Controlling Stake In Rolling Stone

Wenner already sold a 49% stake in Rolling Stone to Singapore’s BandLab Technologies late last year.

September 17, 2017

‘Jann Wenner is selling his controlling stake in Rolling Stone, relinquishing the publication he steered from street-savvy newspaper to glossy cultural influencer over 50 years. The story first was reported by The New York Times.

“I love my job, I enjoy it, I’ve enjoyed it for a long time,” Wenner, 71, told the Times. “But letting go,” he said, “was just the smart thing to do.”’

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