'Rolling Stone' is up for sale
After 50 years as an independent entity, Rolling Stone Magazine is going up for sale.
The New York Times reports that publisher Jann Wenner, who co-founded the magazine in 1967, has agreed to pursue a sale that will leave Rolling Stone out of his hands for the first time in its history.
Wenner and his son would both like to stay on after they make a deal but have also realised that their is a possibility that the new owners might want to move on without them.
Jann Wenner told the Times that: “if you’re not busy being born, then you’re busy dying,”
“That sense of the magazine editor’s hands on the magazine — that’s what’s going to get lost here,” predicted veteran Rolling Stone critic and editor Anthony DeCurtis. “I don’t know who’s going to be able to step in and do that anymore.”