From the US Speccie:
We were so close to getting rid of Jann Wenner. (…)
But reporting from Vanity Fair has confirmed that the Penske Media Corporation, the magazine’s new owners, are keeping Wenner on. Not with some kind of emeritus sinecure, either, but with the title of editorial director.
We should have known it would be this way with a Baby Boomer. A generation obsessed with preserving youth at all costs naturally has no idea how to make a graceful exit. (…)
If the Rolling Stone ethos had ever really been about youth, Wenner would no doubt feel an obligation to step aside and let a younger generation take control of the magazine’s direction. But of course it wasn’t. It was only ever about the vices of youth—egotism, self-indulgence, unearned idealism—and the Baby Boomers’ reluctance ever to grow out of them.