Look out Planet Hollywood, one of the world’s most iconic music magazines “Rolling Stone” is getting a restaurant for the first time ever. Rolling Stone Restaurant & Lounge will preview after the American Music Awards on Sunday, November 21st with an after party at its hip flagship location at Hollywood & Highland. The official launch is set for early 2011 and Rolling Stone/Los Angeles will mark the first ever licensing of the Rolling Stone name for an American Restaurant. Longtime publishing mogul and founder of Rolling Stone Magazine Jann Wenner said, “The Rolling Stone restaurant and lounge captures the essence of the magazine and is the ideal extension of our brand. We are excited to open up the venue by hosting the AMA’s after party and sharing this new Hollywood destination with the top names in the music community.” Pictured here is an exclusive first look at the rotunda inside. For more about the restaurant and lounge, stay tuned. www.rollingstonela.com