The National Enquirer is up for sale. American Media Inc. is looking for a buyer for the scandal-hungry tabloid, which has been beset by scandals of its own making in the past year.
The scandal-hungry tabloid, which has been beset by scandals of its own making in the past year, is on the block, along with American Media's other tabloid magazines.American Media CEO David Pecker confirmed the plan on Wednesday after the Washington Post reported that the company has come under"intense pressure" to part ways with the Enquirer.
" Read MoreHe said that's why"we feel the future opportunities with the tabloids can be best exploited by a different ownership."There was no immediate word about who might be in line to buy the Enquirer, or at what price. But AMI said its decision to"explore strategic options" will"likely result in their sale in the near future."Billionaire divorce. Supermarket tabloid.
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American Media looking to sell tabloid National EnquirerAmerican Media Inc on Wednesday said it is looking at strategic options for its U.S. tabloid newspaper the National Enquirer and may sell the publication. AMI said in a statement https://www.prnewswire.com/news-releases/american-media-llc-is-exploring-strategic-options-for-its-newsprint-tabloids-including-national-enquirer
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