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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 Media is led by Jay Penske. The media firm already owns such titles as Variety, Deadline.com, Robb Report, and other online and print publications. Penske Media got its start as Mail.com.

Media 113
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Grindr Launching Digital Magazine, INTO

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Los Angeles-based social networking site Grindr , which serves the "gay, bi, curious and queer" market, is launching a new online, digital magazine called INTO today. According to Grindr, the new digital magazine is looking to fill a gap in the media landscape, with content that appeals to young, LGBTQ+ millennials.

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BUZZMEDIA Trims Spin Magazine

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Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house.

Layoffs 124
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Funny or Die Launches iPad Magazine

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Los Angeles-based Funny or Die , the online humor site, is trying its hand in the digital tablet publishing space, saying Thursday that it has launched a new, digital magazine for the iPad. The firm said its new magazine, The Occasional will cost $9.99 a year, or $3.99 for a single issue. READ MORE>>.

Content 167
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I Buy Dead Magazines (the art of the intro …)

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One person who doesn’t waste this opportunity is Sam Jones of Formation Media. I buy dead magazines.” I buy dead magazines. I run a company called Formation Media. 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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DFJ Frontier Bolsters Team With Media Vet

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Los Angeles-based venture capital investment firm DFJ Frontier has significantly bolstered the company''s team, saying Tuesday that it has added Merrill Brown --former founder of MSNBC--as a Venture Partner. msnbc media executive capital venture frontier' READ MORE>>.

Media 260
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H Code Links With Argentine Media Company Artear

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Los Angeles-based digital advertising company H Code , which focuses on advertising for the U.S. Hispanic market, says it has inked an exclusive partnership with Artear , a media and television company in Argentina. Financial details of the deal were not announced. H Code is led by CEO Parker Morse. browsers and viewers.

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