23 Nov '17, 7am

Rolling Stone's Singapore shareholder wants to buy the magazine @yoolimleenews

The 29-year-old founder of Singapore’s BandLab Technologies Ltd. said he wants to buy the 51 percent of Rolling Stone he doesn’t own, adding the world-famous brand to his growing global music business. Kuok Meng Ru , a member of one of Asia’s richest families, said he’s in talks to take over the magazine after Jann Wenner put his controlling stake up for sale two months ago, relinquishing his hold on the publication he co-founded in San Francisco in 1967. Kuok Meng Ru Photographer: Wei Leng Tay/Bloomberg “We really believe in building on the legacy and making sure we continue the vision that Jann started,” Kuok said in an interview in Singapore. “That’s why we got involved in the first place. We have a great relationship with the Wenners.” Like other consumer magazines, Rolling Stone has struggled with declining newsstand sales and an online advertising market dominated by...

Full article: https://www.bloomberg.com/news/articles/2017-11-22/rollin...

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Rolling Stone's Singapore shareholder wants to ...

bloomberg.com 22 Nov '17, 11pm

The 29-year-old founder of Singapore’s BandLab Technologies Ltd. said he wants to buy the 51 percent of Rolling Stone he d...

Rolling Stone's Singapore shareholder wants to ...

bloomberg.com 22 Nov '17, 11pm

The 29-year-old founder of Singapore’s BandLab Technologies Ltd. said he wants to buy the 51 percent of Rolling Stone he d...

Rolling Stone's Singapore shareholder wants to ...

bloomberg.com 22 Nov '17, 11pm

The 29-year-old founder of Singapore’s BandLab Technologies Ltd. said he wants to buy the 51 percent of Rolling Stone he d...

Rolling Stone's Singapore Shareholder Wants to ...

bloomberg.com 22 Nov '17, 10pm

The 29-year-old founder of Singapore’s BandLab Technologies Ltd. said he wants to buy the 51 percent of Rolling Stone he d...

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