Jann Wenner really blew it with Rolling Stone [No Buyers]

nypost.com ^ | September 18, 2017 | By Keith J. Kelly

[Red Badger]

Jann Wenner has landed between a rock and a hard place as he struggles to sell Rolling Stone.

The 71-year-old publishing magnate will pay dearly for clinging to the rock-and-roll magazine he founded 50 years ago, sources told The Post, as prospective buyers have evaporated along with music fans’ habit of buying glossy print titles at newsstands.

“Jann knows he made his mark on American culture already and he is a realist,” said author Joe Hagan, whose biography on Wenner, titled “Sticky Fingers,” is set to hit next month from Random House.

“The landscape has changed and he was not able to navigate through it.”

Time Inc. and Condé Nast are in cutback mode and not interested, with the latter apparently content to operate its Pitchfork music website, insiders say. Hearst, which had held talks to buy Rolling Stone a decade earlier, is also out of the running, according to sources.

American Media, which cut a $100 million deal with Wenner earlier this year to buy Us Weekly, and more recently added Men’s Journal at an undisclosed price, looks unlikely to go to Wenner’s well a third time to buy Rolling Stone, several sources say.

With Old Media shrinking fast, tech titans also have been rumored as possible buyers.

“It would be a very sticky app for someone such as Verizon, Apple or Amazon,” one music and publishing veteran observed. “And for them, the money to buy it would be pocket change.”

Still, Silicon Valley has shown scant interest in venturing into print.

[albertabound]

if so Mark would never do this...if you wondered why R.S. went down the tubes read this crap
https://www.thestar.com/entertainment/television/2017/07/26/justin-trudeau-lands-on-the-cover-of-rolling-stone.html

[dp0622]

Yes...

[jiggyboy]

“Breaking News” (10:39 AM NY Time):

In unfortunate timing for Jann Wenner, who just put Rolling Stone up for sale, the 2nd Circuit Court of Appeals has revived a defamation lawsuit over the magazine’s infamous story about the gang rape of a freshman identified as “Jackie” at a University of Virginia campus fraternity.

http://www.hollywoodreporter.com/thr-esq/appeals-court-rolling-stone-face-defamation-lawsuit-rape-story-1041014

[tumblindice]

For whatever reason, RS didn’t like Led Zepplin either.
They prolly wouldn’t sit at his feet. Good for them.
Sayonara lefty shill rag.

[Red Badger]

... didn’t like Led Zepplin either.

WHAT?????..............HERESY!!!!!!......BLASPHEMY!!!!!.......BURN THEM AT THE STAKE!!!............

[Old Teufel Hunden]

What would Dr. Hook think?

Well, we’re big rock singers
We got golden fingers
And we’re loved everywhere we go (that sounds like us)
We sing about beauty and we sing about truth
At ten-thousand dollars a show (right)
We take all kinds of pills that give us all kind of thrills
But the thrill we’ve never known
Is the thrill that’ll gitcha when you get your picture
On the cover of the Rollin’ Stone
want to see my picture on the cover
(Stone)Wanna buy five copies for my mother (yes)
(Stone)Wanna see my smilin’ face
On the cover of the Rollin’ Stone (that’s a very very good idea)

[Drew68]

Vox, Buzzfeed and Vice have all been mentioned as possible suitors. But as one music veteran pointed out, “Rolling Stone has a brand identity for baby boomers and Gen X — but it has almost no resonance with millennials.”

I don't think Millennials (and younger) buy, or even read magazines, period. Even to go take a dump, they've got their smart phone with them.

[MeneMeneTekelUpharsin]

And, as for the sex and drugs, E tu Mark Seliger?