December 4, 1997

From CNET's News.com's interview with Wired's co-founder Louis Rossetto:

In an interview with CNET's NEWS.COM, the magazine founder's voice resonated with disgust as he addressed rumors that parts or all of Wired Ventures would soon be placed on the auction block. Wired Ventures publishes the magazine and related Web sites.

At times using language too colorful for publication, Rossetto angrily denied a report speculating that parts of his company could be sold. "What part of 'no truth' don't you understand?" he asked. "Wired Digital is not for sale. Wired magazine is not for sale. Wired Ventures is not for sale," said Rossetto, who also gave up the title of editor in chief today. Succeeding him as publisher is Dana Lyon, who will add the new role to her existing duties as vice president of the Wired Magazine Group.