Jann Wenner Stands By His Loser
 

Because he still does not understand the power of Us Weekly, just its profit potential, Jann Wenner is willing to unload the tabloid, and Men's Journal, but reportedly wants to hang on to Rolling Stone, an ailing music title with declining circulation and ad pages. Nevermind that trying to sell Us for a rumored $750 million might be a little difficult in the middle of this credit crunch. And the fact that purported buyers, like the oh-so-reputable Conde Nast, would also find itself defending its sometimes-invented cover stories each week. [WWD]

Jul 1, 2008 · 3 views (beta) · Link · 1 Response
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Comments (1)

No. 1 · Moksha

Its Men's Journal douche

Posted: Jul 1, 2008 at 8:53 pm · @Reply · [Flag?]
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