Jann Wenner, founder of Rolling Stone Magazine, has stated that he is planning to sell the magazine after being the head for five decades. Wenner and his 27-year-old son, Gus, the president and chief operating officer of Wenner Media, hope to stay on at the magazine, post-sale. Gus Wenner Stated: "publishing is a completely different industry than what it was." Wenner recently sold the company's other magazines, Us Weekly and Men's Journal, to American Media Inc., helmed by publisher David J. Pecker.