The National Enquirer is up for sale
American Media Inc. is looking to unload three of its tabloid magazines, including the National Enquirer, following a scandal-filled year for the publication.
AMI CEO David Pecker confirmed on Wednesday that the Enquirer, Globe, and National Examiner are for sale, following The Washington Post's report that AMI's controlling shareholder, Chatham Asset Management, wants to cut ties with the tabloids. A person familiar with the matter told the Post the firm's hedge fund manager is "disgusted" by the way the Enquirer operates.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
‘Jumping genes': How polar bears are rewiring their DNA to survive the warming ArcticUnder the radar The species is adapting to warmer temperatures
-
January’s books feature a revisioned classic, a homeschooler's memoir and a provocative thriller dramedyThe Week Recommends This month’s new releases include ‘Call Me Ishmaelle’ by Xiaolu Guo, ‘Homeschooled: A Memoir’ by Stefan Merrill Block, ‘Anatomy of an Alibi’ by Ashley Elston and ‘Half His Age’ by Jennette McCurdy
-
Venezuela’s Trump-shaped power vacuumIN THE SPOTLIGHT The American abduction of Venezuelan President Nicolás Maduro has thrust South America’s biggest oil-producing state into uncharted geopolitical waters
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
