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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. Financial details of the deal were not announced, however, reports say the deal values Rolling Stone at more than $110M. Penske Media is led by Jay Penske.

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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.

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CurtCo, Founded By Former Robb Report Owner, Launches Podcasting Venture

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Malibu-based CurtCo a new startup founded by a veteran of the magazine business, is taking on the podcasting market, and has launched what it says is a new "podcast platform". READ MORE>>.

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Robb Report's Bill Curtis On Why Podcasting Is The Next Media Frontier

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Curtis is the former publisher of the Robb Report, which he sold back in 2015, and has a long history of operating media companies that have published such titles as Home Office Computing, Home Theater, Mobile Computing, Worth, and many others. We have published 74 different magazine titles over the last 30 years. That was our plan.

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LiveOffice Wins Magazine Publisher

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Torrance-based LiveOffice , a provider of email archiving and compliance software-as-a-service, reported Monday that the firm has signed on magazine publisher Source Interlink. The firm said that Source Interlink, which has more than 7,000 employees and three major operating divisions, will use the firm for email archiving.

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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.

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Fisker Karma Panned In Consumer Reports

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Consumer Reports said in a release that the Fisker Karma is "full of flaws", including a dash that is an "ergonomic disaster". Consumer Reports called attention to the Fisker Karma Tuesday, saying that despite a range of 38 miles on a full charge and "first-class" interior materials, the Karma does not compare well with other luxury cars.

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