03/28/2008 02:45 am ET Updated May 25, 2011

Jann Wenner On Impossibility Of Starting New Magazines, Expecting Twins With Partner

Rolling Stone and Us Weekly owner Jann Wenner and his partner, Matt Nye, (for whom he dropped his wife, Jane) are expecting twins in January, according to Business Week's Jon Fine. The newest little Wenners will join his current army of four. But this party is just beginning--the interview transcript is something to behold. Some highlights!

# Don't even try to start a magazine today; Wenner says it's impossible. Besides financing and publishing support, "you need, at the center of it, some extraordinarily talented, prescient individual. Such as I was."

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