Penske Media, Wenner Media Invest in Rolling Stone at $100 Million-Plus Valuation - Variety

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Variety
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Penske Media, Wenner Media Invest in Rolling Stone at $100 Million-Plus Valuation
Variety
PMC will invest in Wenner Media at a valuation just over $100 million, according to sources close to the transaction. BandLab, a Singapore-based company that acquired a 49% share of the magazine, will retain its stake. Jann Wenner, who co-founded ...
PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner MediaDeadline
'Rolling Stone' Has Been Sold To Penske Media Corporation For More Than $100 MillionUPROXX
Here's Who's Most Likely to Buy Rolling StoneAdAge.com

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