About time that piece of shitrag ended.
From a loft in San Francisco in 1967, a 21-year-old named Jann S. Wenner started a magazine that would become the counterculture bible for baby boomers. Rolling Stone defined cool, cultivated literary icons and produced star-making covers that were such coveted real estate they inspired a song.
But the headwinds buffeting the publishing industry, and some costly strategic missteps, have steadily taken a financial toll on Rolling Stone, and a botched story three years ago about an unproven gang rape at the University of Virginia badly bruised the magazine's journalistic reputation.
And so, after a half-century reign that propelled him into the realm of the rock stars and celebrities who graced his covers, Mr. Wenner is putting his company's controlling stake in Rolling Stone up for sale, relinquishing his hold on a publication he has led since its founding.
Mr. Wenner had long tried to remain an independent publisher in a business favoring size and breadth. But he acknowledged in an interview last week that the magazine he had nurtured would face a difficult, uncertain future on its own.
https://www.nytimes.com/2017/09/17/business/rolling-stone-magazine-sale.html
Quote from: Solar on September 17, 2017, 08:08:20 PM
About time that piece of shitrag ended.
From a loft in San Francisco in 1967, a 21-year-old named Jann S. Wenner started a magazine that would become the counterculture bible for baby boomers. Rolling Stone defined cool, cultivated literary icons and produced star-making covers that were such coveted real estate they inspired a song.
But the headwinds buffeting the publishing industry, and some costly strategic missteps, have steadily taken a financial toll on Rolling Stone, and a botched story three years ago about an unproven gang rape at the University of Virginia badly bruised the magazine's journalistic reputation.
And so, after a half-century reign that propelled him into the realm of the rock stars and celebrities who graced his covers, Mr. Wenner is putting his company's controlling stake in Rolling Stone up for sale, relinquishing his hold on a publication he has led since its founding.
Mr. Wenner had long tried to remain an independent publisher in a business favoring size and breadth. But he acknowledged in an interview last week that the magazine he had nurtured would face a difficult, uncertain future on its own.
https://www.nytimes.com/2017/09/17/business/rolling-stone-magazine-sale.html
Hmm...Rolling Stone, I have heard of it is about all. Magazine are like news paper. I don't buy them. :biggrin:
It wrote it's own obituary when it moved away from music and focused on politics.
Quote from: The Boo Man... on September 17, 2017, 08:47:26 PM
It wrote it's own obituary when it moved away from music and focused on politics.
Yes, there's that. But even worse, RS fashioned itself to be a journalistic entity, something it is manifestly not. Probably the most egregious example is the "Rape On Campus" story, but there have been many other lesser failures.
I'm not certain why institutions like Rolling Stone can't just keep doing what they did so well. It puts me in mind of cable networks like A&E and MTV and Discovery and even the Weather Channel, all of which have essentially abandoned their roots for more modern (profitable?) pursuits.
Quote from: TboneAgain on September 17, 2017, 09:53:14 PM
Yes, there's that. But even worse, RS fashioned itself to be a journalistic entity, something it is manifestly not. Probably the most egregious example is the "Rape On Campus" story, but there have been many other lesser failures.
I'm not certain why institutions like Rolling Stone can't just keep doing what they did so well. It puts me in mind of cable networks like A&E and MTV and Discovery and even the Weather Channel, all of which have essentially abandoned their roots for more modern (profitable?) pursuits.
They never had proper editors and it didn't matter. They picked a side and it made them irrelevant. Content and accuracy didn't matter. First it was about pushing a liberal agenda and then it became all about punishing anyone who wasn't a liberal. The hung themselves.
Quote from: The Boo Man... on September 17, 2017, 10:06:57 PM
They never had proper editors and it didn't matter. They picked a side and it made them irrelevant. Content and accuracy didn't matter. First it was about pushing a liberal agenda and then it became all about punishing anyone who wasn't a liberal. The hung themselves.
I think you're supposed to say "they hanged themselves." :tounge:
In any case, what matters is that they hanged. Good riddance to bad rubbish. Perhaps some people will realize that looking to Rolling Stone for news is like looking to Coins Magazine for treatises on economics.
Quote from: TboneAgain on September 17, 2017, 10:38:47 PM
I think you're supposed to say "they hanged themselves." :tounge:
Knock it OFF!!!
Quote from: The Boo Man... on September 17, 2017, 10:06:57 PM
They never had proper editors and it didn't matter. They picked a side and it made them irrelevant. Content and accuracy didn't matter. First it was about pushing a liberal agenda and then it became all about punishing anyone who wasn't a liberal. The hung themselves.
There were quite a few of those rags popping up in the '70s. Same problem with all of them, difficult to read unless you were 3-sheets to the wind. Kinda surprised they lasted this long, figured most of their audience either OD'ed or died of AIDS or some sexually transmitted disease.
QuoteThe financial picture had also been bleak. In 2001, Jann Wenner sold a 50 percent stake in Us Weekly to the Walt Disney Company for $40 million, then borrowed $300 million five years later to buy back the stake. The deal saddled the company with debt for more than a decade, preventing it from investing as much as it might have in its magazines.
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
I can't wait to see what it sells for....
"The Rolling Stone Digs Charles Manson"
I remember that headline from decades ago when they were pretty much an underground newspaper, since that quote above was published I don;t think they changed a bit, tells you everything you need to know.
Wouldn't it be a hoot if Trump bought it...... :popcorn:
Quote from: taxed on September 18, 2017, 05:50:57 PM
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
I can't wait to see what it sells for....
And who would buy it.