EXCLUSIVE: Rolling Stone Australia Sold To Editor

The Australian edition of Rolling Stone magazine has confirmed sweeping changes today, with Editor In Chief Matthew Coyte becoming the publisher of the local edition.

Rumours regarding the future of the magazine had swirled earlier this week amid staffing discussions but New York-based Rolling Stone founder and Editor Jann S. Wenner said that Australian edition will continue “uninterrupted” under the guidance of Coyte's new company Paper Riot Pty Ltd.

Today Coyte told theMusic.com.au that “entire staff is coming along for the ride” and that Amy Gates will be reinstated as Advertising, Sponsorship and Event Manager.

The deal has the blessing of previous publisher Bauer Media and Paper Riot will be using their publishing services moving forward. They are no longer working in the Bauer offices.

Wenner said today, “We've developed a great working relationship with Matt through the years. We look forward to continuing the extraordinary journalistic traditions of Rolling Stone and connecting with out Australian readership under his care.”

Coyte added, “I'm thrilled to be taking the Rolling Stone brand into its next chapter… The magazine has a rich history and commitment to fearless journalism and I look forward to reminding people of this every month.”

He said, “It's not only the in-depth artists interviews that make Rolling Stone a prodigious brand. From coverage of moments like the death of John Lennon to the downfall of General McChrystal to Matt Taibbi's commentary on the global financial crisis, Rolling Stone informs readers of what matters now.”