bandlab Archive

Singapore-based music startup buys 49% stake in Rolling Stone

The company behind iconic music magazine Rolling Stone has sold a 49 percent share in the business to a startup from Singapore in a bid to grow its international reach. U.S.-based Wenner Media announced the sale of its stake to Singapore’s BandLab this weekend, although the price paid was not disclosed. BandLab is run by Meng Ru Kuok, the 28-year-old son of palm oil billionaire Kuok Khoon Hong, and …