Hudson Valley Resident and Rolling Stone Founder is Selling His Iconic Magazine
Jann Wenner, the founder of Rolling Stone magazine, has announced his plans to sell his controlling stake in the company. Rolling Stone is arguably the most iconic music magazine of all time, and has been around ever since 1967, 50 years ago. Wenner is a Tivoli resident, owning land on a Hudson River property.
Wenner's son Gus, who currently acts as president and COO of Wenner Media, says that he and his father hope to stay on the magazine in some capacity, but that it is ultimately a decision for the buyer. The changing publishing industry appears to be a factor in their motivation to sell, with the constant evolution of the internet changing how the magazine is distributed.
Getting on the cover of Rolling Stone is like a badge of honor for most musicians. While the magazine covers a wide variety of topics, it is most closely associated with its relationship to the music industry. This year alone has seen the likes of Lorde, Thom Yorke, and Kendrick Lamar on the cover, and this week's issue will feature Dave Grohl.
This is the end of an era for Rolling Stone, but maybe it will allow for new blood to really run with the magazine and do something special with it. Music is an industry that is about innovation and discovering new ideas, so seeing a magazine as iconic and traditional as Rolling Stone get this huge of a shake-up is kind of exciting. What do you think?