The announcement follows Wenner Media's sale of 49 percent of Rolling Stone to Singapore-based digital music company BandLab Technologies a year ago.
"There's a level of ambition that we can't achieve alone", he told the Times. But in 2014, its reputations and finances got a serious hit when it retracted a story about an alleged gang rape at the University of Virginia.
In June, Rolling Stone reached a $1.65 million settlement with the UVA fraternity that sued the magazine over the way it was depicted in the discredited article.
The Independent noted that Rolling Stone magazine became the counterculture bible for the baby boomers.
One of the few independent print publications, and rarer still, one of the few print magazines still published by the original founder, Rolling Stone has defined and critiqued pop culture in the U.S. for over 50 years.
Rolling Stone magazine up for sale
"Rolling Stone is a uniquely powerful brand with enormous opportunities to succeed in today's environment", says Gus Wenner, president and chief operating officer of Wenner Media.
"The plan a year ago, when the transaction was announced, was for Kuok to start up Rolling Stone International, which "the partners hope can use the brand to delve into concerts, merchandising and hospitality" in the Pacific region, as Bloomberg's Yoolim Lee reported".
"I love my job, I enjoy it, I've enjoyed it for a long time", the elder Wenner told the New York Times. "But letting go, he added, was 'just the smart thing to do'". This move could leave Rolling Stone out of 71-year-old founder Jann Wenner's hands for the first time in the publication's history.
Last year, the BrandLab Technologies, a young company from Singapore dedicated to the music and founded by the son of the billionaire singaporean Kuok Khoon Hong, has acquired 49 % of the share capital of the flagship magazine.
GotNews' reporting was used throughout the trial against Rolling Stone. Rolling Stone defined cool, cultivated literary icons and produced star-making covers that were such coveted real estate they inspired a song.
Liverpool frustrated by battling Burnley
Goal - Arfield 26' - I don't know how many more ways I can think of to say that our defense isn't very good. Liverpool boss Jurgen Klopp insists there are positives to take from a frustrating 1-1 draw with Burnley .
Meanwhile, Graham told Breitbart on Saturday that almost 20 Republican governors had already pledged their support of his bill. Republicans in the Senate are considering voting on another Obamacare repeal bill before September 30, Politico reported .
Wind shear was keeping Lee considerably weaker with sustained winds of about 40 miles per hour as it was crossing the Atlantic. East Coast later in the day and advised people from North Carolina to New England to monitor Jose's progress.
Hong Kong's Hang Seng fell 0.7 percent to 27,571.42 and the Shanghai Composite in mainland China shed 0.6 percent to 3,353.11. Google-parent Alphabet lost 0.5 per cent after reports it was considering a big investment in ride-sharing operation Lyft.
The iPhone X looks to have a killer camera, with new upgrades for excellent "bokeh", or blurring in the background of photos. When Samsung has Galaxy 8 and Note 8 in their box an iPhone 7S or 7S Plus wouldn't be equivalent.
Jones will be on a conference call this week with the compensation committee to discuss Goodell's salary. With Jones' involvement, Goodell's future as the commissioner of the league could be in question.
"It was horribly unnerving for me to watch that knowing that I could provide a qualified certified interpreter", said McCarthy. He feels like this was a slap in the face, especially since he used to work in Manatee County for many years.
But yeah, I mean, look, it was the first time in CACI's history, its 40-year history, that we didn't invite the sitting president. But it appears now that funding for a border wall could be a sticking point.
The holiday issue arose from a change from holiday allowance in the company running for a fiscal year to a calendar year. Some 162 flights were dropped between Saturday and Sunday with another 164 due to be cut through Wednesday.
The Indian banks which support this new Google Tez Payment gateway are Axis, HDFC Bank , ICICI and State Bank of India . It's advertised as a way to send money, split food bills, or pay local businesses seamlessly through your phone.
London police said their investigation into Friday's attack is being supported by MI-5, Britain's domestic intelligence agency. A second man has been arrested by detectives investigating the terrorist attack at Parsons Green station on Friday.
Father's clown mask discipline ends in arrest
Barrett told police that he put on the mask as a prank, but then admitted he was using it to discipline the girl. She was screaming that a clown was chasing her around the Boardman Township in the US State of Ohio.
Hurricane Maria nears battered Caribbean
Officials in Dominica closed schools and government offices on Monday and urged people to evacuate and seek shelters. Rain totals Tuesday into Wednesday of 1 to 3 inches for southern and coastal ME and New Hampshire are possible.
After Irma, the Island of Barbuda Remains Deserted
Joe English, a Unicef communications manager, has been helping with the relief effort in the Caribbean islands . The lesser-known twin island of Antigua, Barbuda lies between the Atlantic Ocean and the Caribbean Sea.
Non-communicable diseases caused 40mn deaths in '16
The Global Burden of Disease study (GBD) published its latest global estimates for the state of the world's health in The Lancet . In 2016, the total number of live births was 128.8mn whereas the total number of deaths was 54.7mn (up from 42.8mn in 1970).