Rolling Stone sale reflects magazines’ challenges
If the Federal Reserve has an institutional opposite, it just might be Rolling Stone. This is the magazine that famously published writers like Hunter S. Thompson and more recently declared Goldman Sachs to be a “great vampire squid wrapped around the face of humanity.” Today there is news that the magazine, started by Jann Wenner 50 years ago with $7,500 of borrowed money, is for sale. Anyone want to buy a magazine?
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
