Penske Media Buys The Rest Of Rolling Stone

New Media Empire

PENSKE MEDIA CORP. continued its acquisition binge by acquiring the remaining 49% of ROLLING STONE Magazine it didn’t already own, from minority owner BANDLAB TECHNOLOGIES, VANITY FAIR reports. P.M.C. now completely owns the legendary music brand, its events, licensing rights and international editions.

P.M.C. also owns 22 other media brands, including VARIETY, DEADLINE, WWD, HOLLYWOOD LIFE, ROBB REPORT and other titles.

« see more Net News