Readers Call to Boycott Rolling Stone After Owner's Ties to Saudis Resurface

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Wow this is interesting. boycottrollingstone is trending. Now is a good time to support indie media (like BUST!), not much left these days...

A new piece again shines light on the $200 million Saudi Arabian investment into the magazine’s parent company Penske MediaThe hashtag #BoycottRollingStone trended on Twitter Friday after a blog post highlighted the ties that Jay Penske, the owner of the magazine’s parent company Penske Media, has with the Saudi Arabian government.

The post on a Washington blog the Hill Reporter by Tara Dublin mixed up facts about Penske, but noted his father’s support of Trump: “[I]n more recent years, the magazine has seen its share of bad publicity in light of bad decision making, which led to the ultimate bad decision: Rolling Stone was sold to the son of Trump-backing multimillionaire Roger Penske, Jay Penske,” said the Hill Reporterpublished Thursday.

The elder Penske’s company, Penske Corp, gave $676,000 in donations to Republican candidates in the 2020 election cycle, according toIn addition to Rolling Stone, the younger Penske’s company, Penske Media, also owns Hollywood publications Variety, Deadline, Billboard and The Hollywood Reporter. A representative for Penske Media did not immediately return a request for comment.

 

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