Thursday, 21 December 2017

Penske Media Corp. acquires majority stake in the owner of Rolling Stone

Penske Media Corp. said it has made a strategic investment in Wenner Media, the owner of Rolling Stone, the iconic pop culture and music magazine founded a half-century ago.

The companies announced the investment Wednesday night but did not disclose financial terms. The investment values Penske...



from latimes.com - Los Angeles Times http://ift.tt/2Brik0w

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