Posted on 09/19/2017 7:15:27 AM PDT by 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 Mens Journal at an undisclosed price, looks unlikely to go to Wenners 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.
(Excerpt) Read more at nypost.com ...
Prophetic words................
Hey Jann:
You’re 15 minutes were up long ago.
“Carlos Slim bought the NYT and Bezos bought the Washington Post to use for political propaganda. One of those liberal pos or someone like Soros will buy it.”
except RS has never had a political or general audience like WaPo or Post. the RS brand has always been countercultural/music, and it’s highly improbable RS could be turned into an effective political propaganda brand.
Like a Rolling Stone
Bob Dylan
Once upon a time you dressed so fine
Threw the bums a dime in your prime, didn’t you?
People call say ‘beware doll, you’re bound to fall’
You thought they were all kidding you
You used to laugh about
Everybody that was hanging out
Now you don’t talk so loud
Now you don’t seem so proud
About having to be scrounging your next meal
How does it feel, how does it feel?
To be without a home
Like a complete unknown, like a rolling stone
Ahh you’ve gone to the finest schools, alright Miss Lonely
But you know you only used to get juiced in it
Nobody’s ever taught you how to live out on the street
And now you’re gonna have to get used to it
You say you never compromise
With the mystery tramp, but now you realize
He’s not selling any alibis
As you stare into the vacuum of his eyes
And say do you want to make a deal?
How does it feel, how does it feel?
To be on your own, with no direction home
A complete unknown, like a rolling stone
Ah you never turned around to see the frowns
On the jugglers and the clowns when they all did tricks for you
You never understood that it ain’t no good
You shouldn’t let other people get your kicks for you
You used to ride on a chrome horse with your diplomat
Who carried on his shoulder a Siamese cat
Ain’t it hard when you discovered that
He really wasn’t where it’s at
After he took from you everything he could steal
How does it feel, how does it feel?
To have on your own, with no direction home
Like a complete unknown, like a rolling stone
Ahh princess on a steeple and all the pretty people
They’re all drinking, thinking that they’ve got it made
Exchanging all precious gifts
But you better take your diamond ring, you better pawn it babe
You used to be so amused
At Napoleon in rags and the language that he used
Go to him he calls you, you can’t refuse
When you ain’t got nothing, you got nothing to lose
You’re invisible now, you’ve got no secrets to conceal
How does it feel, ah how does it feel?
To be on your own, with no direction home
Like a complete unknown, like a rolling stone
Songwriters: Bob Dylan
Like a Rolling Stone lyrics © Bob Dylan Music Co.
This just in.
September 19, 2017 / 9:11 AM
Defamation lawsuit vs Rolling Stone over rape article is revived
Reuters Staff
NEW YORK (Reuters) - A federal appeals court on Tuesday revived part of a lawsuit by three University of Virginia graduates who accused Rolling Stone magazine of defamation over a now-retracted article describing a gang rape.
By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals said George Elias IV, Ross Fowler and Stephen Hadford plausibly alleged that they were defamed, in their capacity as former members of the Phi Kappa Psi fraternity, by Rolling Stone, its publisher Wenner Media and the reporter Sabrina Rubin Erdely.
All three judges on the panel also agreed that Elias and Fowler could pursue similar claims as individuals, while other claims against the defendants were properly dismissed.
Im sure the NY Post is aware that Wenner came out as gay several years ago. LOL.
Rolling Stone’s price just went down .................Waaay down................
Rush could buy it and turn it into a Conservative paper!.....................
Bump.
Those wags at the NY Post just love double entendres!............
That’s inaccurate
Rolling Stone which I’ve read since I was 12 in 1969 has ALWAYS had a left leaning or radical or libertinian editorial stance
And every issue had political articles
William H Greider
Matt Taibbi
And others ....
Best writers were Esterhaus and ORourke and Vetter and HST and even John Milius
Rolling Stone went homosexual like Wenner and black and not counter culture like I once was but rather doctrinaire left wing 1930s style Brooklyn college progressive crap
It lost an establishment to rail against and became that which it once pushed back against
I understand how that all went but unlike my fellow left leaners of that era I changed at aged 23-25 for good
Sure they could make it more political.
What would you expect from a bozo who put ABBA into the Rock and Roll Hall of Fame ahead of Black Sabbath, Rush, Journey and Alice Cooper?
For some odd reason Publisher’s Clearing House signed me up for a free three year subscription to this rag. They go straight from the mail box to the recycling bin.
Never read all the words. It’s a little fitting...
Practically prophetic!.................
Maybe he should try selling it for $3.50 and see if there are any buyers then.
They always hated Rush (the band) so they are stupid and useless. May Rolling Stone die a painful death of a thousand cuts.
They should have went tabloid and sold it in supermarket checkout aisles.............
they hated Rush, the band, because they are libertarians...........
There’s a Rush Rocumentary that details the early days. One band member from a group that was touring with Rush said. *paraphrased*, “We’d all be partying with chicks after the show and those guys would be in their room reading books or watching TV.”
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