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'Rolling Stone' Magazine Is Put Up For Sale

Wenner Media, the company founded by Rolling Stone publisher Jann Wenner, cites a desire "to best position the brand for future growth."
The controlling stake in <em>Rolling Stone</em> is being up for sale by Jann Wenner's company. Wenner, the magazine's founding editor and publisher, is seen here in 2011.

Wenner Media, the company founded by publisher Jann Wenner, is selling its controlling stake in the iconic music and culture magazine Rolling Stone, citing a desire "to best position the brand for future growth."

The news comes one year after Wenner Media sold to BandLab Technologies, a digital music company based in Singapore.

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