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Jann Wenner Wishes He Sold Rolling Stone To MTV When He Had The Chance

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Wenner [left] at the National Magazine Awards in May 2006

As Rolling Stone preps its New Yorker-style DVD archive project and 40th anniversary issue, founder Jann Wenner has had some time to reflect on his professional regrets.

AP [via Jossip]:

There are few professional regrets. A Frank Sinatra interview was dangled in front of the magazine but probably never would have happened anyway. And Wenner could have become one of the richest men on the planet if he had accepted an offer years ago to sell the magazine to MTV in return for a 25 percent stake in the fledgling music cable channel. “I would never have had the wisdom or foresight to hang onto it and own more of (MTV parent) Viacom than (Viacom’s billionaire chairman) Sumner Redstone,” he said.

That he counts John Mayer in the same class as Dylan and the Stones is even more shocking.

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