HARVEY WEINSTEIN WANTED TO BE A ROLLING STONE
DIRTY HARVEY !
New York Post “Page Six” Editor, Emily Smith, reveals Harvey Weinstein tried to buy Rolling Stone on yesterdays episode of “Page Six TV.”
Before his sexual harassment scandal broke, Harvey Weinstein was trying to put together a deal to buy the legendary Rolling Stone magazine, Page Six has exclusively learned.
With Weinstein now out of the way in rehab, “Page Six TV” revealed that bidders for Jann Wenner’s venerable publication now include famed former Live Nation Entertainment executive chairman and Eagles manager Irving Azoff who’s putting together a $30 million plus offer backed by Madison Square Garden chairman James Dolan.
Sources tell us there are around 30 bidders, including Universal Music Group CEO Lucian Grainge, Variety owner Jay Penske and American Media, Inc. boss David Pecker. Though a source said, “The Wenners really don’t want to give Rolling Stone to AMI even though Pecker bought Us Weekly from them.”
While recent reports said disgraced Weinstein landed a $4 million crisis mortgage on his $15 million Manhattan townhouse to fund his brewing legal battles — sources tell us that the money was actually arranged months before his scandal hit as he was putting together funds and a consortium to buy Rolling Stone.
But the Weinstein Rolling Stone bid was dropped once accusations against him started piling up after the bombshell pieces in the New York Times and New Yorker. Azoff — also known as the uber-connected manager of Christina Aguilera — already has a joint venture with Dolan, Azoff MSG Entertainment, which they launched in 2013.
Wenner started Rolling Stone in 1967 and announced he was putting it up for sale last month after his son Gus Wenner, 27, succeeded him as president/COO. Wenner’s already sold a 49-percent stake in the mag to BandLab for a reported $40 million and sources say that bids for the controlling interest were due on Thursday for between $20 million and $40 million, but Wenner sources say the valuation is “significantly higher.”
Vanity Fair reported at the time the sale was announced that a Wenner Media financial document seen by the magazine “suggest Rolling Stone will sell for a fraction of what the magazine might have commanded in its heyday.”
Reps for Rolling Stone, Weinstein and Azoff didn’t comment.
ABOUT PAGE SIX TV
“Page Six TV” is a daily television show modeled after Page Six, the iconic New York Post gossip column and web site. The program’s host is John Fugelsang, and contributors are Bevy Smith, Elizabeth Wagmeister and Carlos Greer. True to the Page Six signature style, the show’s contributors and insiders deliver in-the-know gossip and news from entertainment, culture, the media, finance, real estate and politics. The half-hour show will cover today’s biggest personalities including high-flying real estate moguls, the hottest sports stars, larger-than-life politicians as well as break celebrity gossip and entertainment news.
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