Hudson Media buys National Enquirer for $100 million in wake of Trump, Bezos scandals

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Hudson Media buys National Enquirer for $100 million in wake of Trump, Bezos scandals.

Both the U.S. and U.K. versions of the National Enquirer, known for its often-salacious tabloid fare, as well as the Globe and National Examiner, were purchased by Hudson Media for $100 million on Thursday.

Hudson Media owns over 1,000 shops in airports, commuter terminals and various transportation stations, according to the company.

 

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ID PAY A HOCKED LUGIE OF SPIT

Why the high price? Without credibility.. they would have sell at 10% of the price..

RayBeam6 Did they also buy the rights to all the stories that were put on ice? Could be interesting going through the grocery checkout!

Oh my... they just wasted 100K! Should of started their own magazine... Enquirer is basically garbage to most people.

FAKE NEWS BUYS FAKE NEWS 😂

Who is 🤔udson Media?

$100 mill for a trash factory?

I wonder if they get the safe with all the dirt in the deal?

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National Enquirer owner is being sold for $100 million to Hudson Media CEOAmerican Media Inc. is selling the Enquirer and other tabloids to James Cohen, part of the family that founded Hudson News Distributors, the leading magazine distributor on the East Coast. In 1981, Cohen pleaded guilty in federal court to paying Newspaper and Mail Deliverers Union officials $37,000 in exchange for favorable treatment in dealings between the union and his companies.[2] He was fined $150,000 as part of the guilty plea.
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