Parent company AMI looking to dump the National Enquirer.

By |2019-04-11T07:19:31-08:00April 11th, 2019|Categories: News|Tags: , , , |6 Comments

Trying to imagine which company would want to be associated with his rag.

Courtesy of WaPo:

American Media Inc. is actively seeking to sell off the National Enquirer, according to three people familiar with the process who spoke on the condition of anonymity because they were not authorized to speak publicly.

The decision to sell came after the hedge fund manager whose firm controls American Media became “disgusted” with the Enquirer’s reporting tactics, according to one of these people.

American Media has been under intense pressure because of the Enquirer’s efforts to tilt the 2016 presidential election in favor of Donald Trump, who is a longtime friend of American Media’s president and CEO, David Pecker. Pecker and his supermarket tabloid have also been embroiled in recent months in an unusually public feud with Jeff Bezos, who also owns The Washington Post.

In August, just as AMI and two of its top officers were finalizing a non-prosecution agreement with federal investigators, the company’s board of directors started looking for ways to unload the tabloid business “because they didn’t want to deal with hassles like this anymore,” another person said.

The company was also facing financial difficulty as it sought to refinance more than $400 million in debt earlier this year and as the Enquirer’s circulation continued to decline, along with broader newsstand trends. The paper sold an average of 516,000 copies per issue in 2014, but that number fell to 218,000 in December, according to data compiled by the Alliance for Audited Media.

I think the paper should just die out at this point. 

They broke an important story or two in their day, but that day passed long ago.

Their reputation is irretrievably damaged, and people simply do not read these gossip rags anymore. 

Just another example of how being associated with Donald Trump will drive your business into the ground. 

About the Author:

This blog is dedicated to finding the truth, exposing the lies, and holding our politicians and leaders accountable when they fall far short of the promises that they have made to both my fellow Alaskans and the American people.

6 Comments

  1. Anonymous April 11, 2019 at 5:43 pm

    Why pay for a rag mag when TMZ, Daily Mail, Yahoo, etc., are at your fingertips for free?
    I’ve never been one of the gossip obsessed; quite frankly it bores me.
    I’ve no problem seeing another Trump supporter go under. Not one bit.

  2. Anonymous April 11, 2019 at 8:42 pm

    Or the people who love bullshit find it on the internet now. There a sites easily spewing bs to the ever present gullible.

  3. Anonymous April 11, 2019 at 8:43 pm

    p.s. the Russians probably run most of the gossip sites. Especially QAnon and Brietbert.

  4. Anonymous April 12, 2019 at 7:56 am

    OT/ the BBC whittled down to a six-part podcast series titled Texting Keith Olbermann.

    “If you acknowledge the degree to which you are beholden to others, you are somehow seen as weak. The Rachel Maddow story was that after I left, she was mad at me for leaving because it meant that she could not pass me in the ratings at MSNBC and prove better than her mentor.”
    Maddow—whose current viewership at 9 p.m. (often over 3 million) far exceeds Olbermann’s from nine years ago—declined to comment.
    However, she has publicly credited Olbermann for her career more than once. “I wouldn’t have this show without Keith directly nudging the network to give me a try,” she said on the air after Olbermann suddenly separated from MSNBC, where his primetime program Countdown had been Maddow’s lead-in.” “The series also has Olbermann musing on subjects ranging from his ability to make piles of money (he boasts that he once demanded
    $12 million from MSNBC and received $8 million), to his weekly death threats from non-fans, to his apparent incuriosity about others
    (“It goes without saying, I like talking about Myself—MY favorite subject”), to his preference for dogs over human beings
    (“I retreated to a dog-based world because it’s a better one”), to his deep dislike of U.S. cable news and especially CNN
    (“Between the topics on it and the presentation of it, I stand two chances each minute that I watch of having a coronary, just dying on the spot in a fury”)”

    https://www.thedailybeast.com/keith-olbermann-msnbcs-rachel-maddow-and-steve-kornacki-washed-me-out-of-their-past?ref=scroll

  5. anonymous April 12, 2019 at 8:12 am

    https://www.motherjones.com/politics/2019/04/who-is-the-mystery-man-charles-lee-tied-to-the-mar-a-lago-intruder-the-puzzle-involves-an-empty-lot-in-colorado/

    ” Lee, whose real name is Li Weitian and who has referred to himself as “Prince Charles.” – “At the hearing, prosecutors noted that during a subsequent search of Zhang’s hotel room, federal investigators found nine thumb drives, five SIM cards, a device used to detect hidden cameras, and about $8,000. But Assistant US Attorney Rolando Garcia noted, “The present charges have no allegation that she’s a spy or this is espionage, or whatever…There are a whole lot of questions that remain to be answered.” And one of those questions was what role this person called Charles played in an international incident that has prompted counterintelligence concerns.
    Lee ran a group with a Beijing address (which was registered as a corporation in Delaware) called the United Nations Chinese Friendship Association—a name similar to the one Zhang had cited when first questioned by the Secret Service. And the Miami Herald has reported that Lee sold travel packages to Chinese businesspeople and others that included admission to events at Mar-a-Lago that were promoted by Li “Cindy” Yang, the Trump donor who founded a chain of Florida massage parlors-Yang also ran a business, GY US Investments, that offered Chinese clients opportunities to “interact with the president” and other political figures at Mar-a-Lago and elsewhere. The firm’s website, which has since been taken down, promoted an event at Mar-a-Lago scheduled to begin later on the same day Zhang was arrested at Trump’s club.
    (That event had been canceled after Mother Jones and the Herald reported on Yang’s activities.)
    ” Mother Jones reported that his UNCFA had links to Chinese Communist Party and government entities and that the group claimed that two US congresswomen and Transportation Secretary Elaine Chao were UNCFA officials.” “Lee had managed to attend at least one Trump fundraiser and had posted photos that appear to show him with Trump and Trump’s sister, Elizabeth Trump Grau, as well as with former UN Secretary-General
    Ban Ki-moon. ” Lee>listed him as the CEO or head of a variety of companies and organizations – among them an outfit called the United Nations Fund for Peace and Development and another named the United Nations Peace Development Bank Ltd. UN spokesman Stéphane Dujarric tells Mother Jones that Lee, the UNCFA, and these entities have no connection to the United Nations and that UN lawyers are looking into stopping Lee from using the UN name. “

  6. Anonymous April 13, 2019 at 9:55 pm

    Is Rupert Murdoch going to buy it?

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