BandLab Chief Executive Kuok Meng Ru./The Straits TimesSingapore firm picks up stake in iconic Rolling Stone magazineThe Straits TimesAsia News NetworkSINGAPORESingapore-based social music start-up BandLab Technologies has acquired a 49 per cent stake in Rolling Stone, which publishes the eponymous magazine. The Rolling Stone deal was first tabled about 15 months ago, after Kuok was introduced to Wenner by the Forbes family. Together, Kuok and the younger Wenner, who is 26, will set the pace at Rolling Stone in the coming years. "Rolling Stone has an unbelievable heritage and history. He remembers browsing through his first copy of Rolling Stone around the age of 13.

Source: The Nation Bangkok September 26, 2016 05:37 UTC