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.”