By Hollywood Reporter on 12/21/2017

"... Rolling Stone, the storied magazine covering youth culture, had two significant developments on Wednesday. The first was news that Jann Wenner was selling his stake to Variety owner Jay Penske in a deal that reportedly values the publication at $100 million. But there's more. In New York federal court, Rolling Stone also wrapped up the last remaining piece of litigation emanating from its controversial and since retracted 2014 article about the gang rape of a freshman identified as "Jackie" at a University of Virginia campus fraternity. ..."

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