Media owners find selling options narrowing
Jann Wenner and Richard Desmond are poles apart in most ways. But the two publishers now find themselves in similarly sticky situations
It’s hard to imagine two media proprietors with less in common, on the surface, than Richard Desmond and Jann Wenner.
Wenner’s Rolling Stone is exactly the magazine you would expect a liberal, San Francisco-based baby boomer to have founded. Meanwhile, Desmond’s Express Newspapers are just what you’d expect from an abrasive, self-made billionaire who once goose-stepped around a boardroom, encouraging colleagues to sing Deutschland Über Alles and perform Nazi salutes. (Desmond, who is...
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