David Pecker out as CEO of National Enquirer parent company

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

David Pecker is stepping down as CEO of the National Enquirer's parent, ending a reign that saw the company entangled in a campaign-finance scandal that sent President Donald Trump's personal lawyer to jail. Pecker's company, American Media Inc., is being taken over by Accelerate360, a logistics firm based in Smyrna, Georgia, whose recent efforts include the delivery of millions of facemasks and units of hand sanitizer. Chris Scardino, an 18-year veteran of American Media, was named president of A360 Media, the New York-based unit that will house American Media's former titles, which also include Us Weekly, Life & Style and OK!

NEW YORK — David Pecker is stepping down as CEO of the National Enquirer's parent, ending a reign that saw the company entangled in a campaign-finance scandal that sent President Donald Trump's personal lawyer to jail.

Accelerate did not disclose the terms of the deal in its announcement Friday. But it said the combined entity would be headed by Accelerate CEO David Parry. Under Pecker, the National Enquirer for years buried potentially embarrassing stories about Trump and other favored celebrities by buying the rights to them and never publishing. The practice was known as “catch-and-kill.”

American Media admitted it had paid $150,000 to keep former Playboy model Karen McDougal quiet about an alleged affair with Trump to help his 2016 presidential campaign. Trump has denied an affair.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'Pecker out' sounds like somebody having fun with a headline.

The pecker is out! I repeat, the pecker is out!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

David Pecker Out Atop National Enquirer Owner American Media After MergerDavid Pecker, the longtime publisher of the tabloid National Enquirer, is leaving the role as part of a deal unveiled Friday in which the paper’s parent company American Media LLC said it was… Which magazines will survive
Source: DEADLINE - 🏆 109. / 63 Read more »

David Pecker removed as CEO of American Media in merger - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. PECKER OUT!!! He should be exiled for conspiring with criminal Trump. I will do Background_Removeds and natural_shadow with the clipping_path for you. If you want you can order me on Fiverr
Source: BusinessInsider - 🏆 729. / 51 Read more »

David Pecker, CEO of National Enquirer’s Parent, Steps Down Amid Merger With Logistics FirmDavid Pecker is stepping down as chief executive of American Media, publisher of the National Enquirer, ending an era for the supermarket tabloid which played a key role in a campaign-finance scandal that sent Donald Trump’s lawyer to jail and implicated the president himself. Don't Forget to Watch. Trouble with the old Pecker. I guess there will be a new pecking order
Source: WSJ - 🏆 98. / 63 Read more »

David Pecker out as CEO of National Enquirer parent companyDavid Pecker is stepping down as CEO of the National Enquirer's parent, American Media Inc., ending a reign that saw the company entangled in a campaign-finance scandal that sent President Trump's personal lawyer to jail. And immediately changing his name. Pecker should be in jail.
Source: NBCNews - 🏆 10. / 86 Read more »

David Pecker out as CEO of National Enquirer parent companyDavid Pecker is stepping down as CEO of the National Enquirer’s parent, ending a reign that saw the company entangled in a campaign-finance scandal that sent President Trump’s personal lawyer to jail Pecker’s out! Oh, my! So it’s “Pecker Out”? That's nice Pecker is out and Woody is in.
Source: politico - 🏆 381. / 59 Read more »