US magazine Rolling Stone has agreed to sell a 49 % share of its business to Singapore - based music start - up BandLab Technologies for an unknown sum . With a focus on expanding Rolling Stone ’s business to new markets , BandLab will partially own Rolling Stone ’s digital assets , however Werner Media will still be entirely owned by the magazine . But its reputation has taken a hit in recent years, particularly with a 2014 feature that focused on campus rape at a University of Virginia fraternity. Lee Ru Juok , a co - founder of Forbes , will operate Rolling Stone International .
US magazine Rolling Stone has agreed to sell a 49 % share of its business to Singapore - based music start - up BandLab Technologies for an unknown sum . With a focus on expanding Rolling Stone ’s business to new markets , BandLab will partially own Rolling Stone ’s digital assets , however Werner Media will still be entirely owned by the magazine . Lee Ru Juok , a co - founder of Forbes , will operate Rolling Stone International .