Penske Completes Rolling Stone Acquisition

Rolling Stone

magazine.

"We're very excited about working with Jann and Gus Wenner to build on the 50-year history of this iconic brand," says Kevin LaBonge, vice president, global partnerships and licensing, PMC. "It continues to be at the forefront of the culture and with local editions across the Americas, Asia, and Europe it now reaches 60 million fans each month around the world. We look forward to bringing them new

Rolling Stone

experiences in the future."

Penske’s media portfolio includes

Deadline.com

and

Women’s Wear Daily.

Penske

first announced

its plan to absorb the company in December 2017.