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Penske Media Buys Rolling Stone Magazine

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Los Angeles-based Penske Media said on Wednesday that it is buying a majority of Rolling Stone magazine. Penske has recently been acquiring brand name, print publications, and adapting their operations to a digital world. Penske Media is led by Jay Penske.

Media 113
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I Buy Dead Magazines (the art of the intro …)

Both Sides of the Table

I’ve met Sam several times and each time I’ve been at an event with him I’ve heard his opening line, “My name is Sam Jones. I buy dead magazines.” I buy dead magazines. We think that the magazine industry is going through incredible change but that the Internet website experience doesn’t yet fulfill our magazine needs.

Startup 315
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TakePart.com Names Editor-in-Chief

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Los Angeles-based socially conscious lifestyle magazine and website TakePart --which is owned by Participant Media--said it has named Eric Noe as its Editor-In-Chief. The socially responsible website said that Noe was most recently at ABC News Digital, where he had spent 10 years.

Content 124
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Sonos Adds New Directors To Board

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Santa Barbara-based Sonos , the developer and manufacturer of whole home, audio systems and devices, has named two new directors to its board, the company said Tuesday. Coles is a TV producer for Disney, an advisor to Cornell Capital, and formerly had been Chief Content Officer at Hearst Magazines. READ MORE>>.

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Assignmint.com Names Board Member

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The startup, which provides software for streamlining the editorial process for publications, said that Roshan is a veteran, having been a journalist, editor, producer, and entrepreneur involved in titles such as Radar, The Fix, New York, Talk, and Interview magazines. READ MORE>>.

Venice 145
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Autobytel Names New EVP

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Irvine-based Autobytel , which operates an online automotive site providing consumer leads to auto dealers, announced yesterday that it has named Jim Helberg as its new Executive Vice President, Product, Marketing, and Analytics.

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Gumgum Names Sales VP

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He has also served at SocialMedia.com, Business.com, Advertising.com, and Petersen Publishing, publisher of Motor Trend and Teen magazines. Beyer joins the company from SocialVibe, where he also served as VP of Sales. Gumgum recently raised $7M in a funding from New Enterprise Associates, GRP Partners, and First Round Capital. READ MORE>>.

Sales 140