The hedge fund that controls American Media Inc. has become increasingly “disgusted” by the National Enquirer’s reporting practices and AMI is actively looking to sell the tabloid, The Washington Post reported.
After the tabloid and AMI CEO David Pecker became embroiled in a scandal associated with the President and hush money payments to keep a former Playboy model quiet about her alleged affair with President Trump, the company’s board of directors started exploring ways to get rid of National Enquirer.
“They didn’t want to deal with hassles like this anymore,” a person familiar with the process told the Post.
The tabloid has come under increased scrutiny in recent months after it published private text messages between Amazon CEO Jeff Bezos and Lauren Sanchez, whom Bezos was having an affair with. The story ended Bezos’ marriage and the billionaire is funding his own investigation into how his text messages were obtained by National Enquirer. Bezos, who also owns the Washington Post, believes the scandal was politically motivated, given Pecker’s close relationship with Trump and Trump’s dislike for Amazon and the Post.
What I want to know is what becomes of the stories they held in reserve in that safe?
That’s the first question of millions of people.
Bezos should make that a condition of the purchase:)
It would be fantastic if National Enquirer were purchased by a public-minded person, who then ran several issues exposing all the misdeeds of the previous owners.
perhaps the fascistgop will buy it. they could make it their flagship print organ and continue to use it to promulgate outlandish lies about their political opponents. Got to keep that deplorable base riled up. Hillary Spawns Bat Boy in Pizza Parlor Basement!!!
Is there anyone (besides Bezos) willing to buy this glorified bird cage liner? Honestly, they should just shut it down and write off the loss.