The National Enquirer is photographed at a convenience store on February 8, 2019 in New York City. By Sarah Ellison and Sarah Ellison Reporter covering media and its intersection with politics and technology Email Bio Follow Marc Fisher Marc Fisher Senior editor reporting on a wide range of topics Email Bio Follow April 10 at 6:12 PM American Media Inc.
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.
“It doesn’t shock me that Pecker would unload the paper after he drove it into the ground,” said Paul Pope, son of the Enquirer’s longtime owner, Generoso Pope Jr., who bought the New York Enquirer in 1952, changed its name, focused on celebrity gossip and started selling the paper in convenience stores. “When my father was at the helm in the heyday, the Enquirer was selling up to 6 million copies a week.
The imminent sale removes the Enquirer from Pecker’s control and puts some separation between the tabloid and recent scandals stemming, in part, from Pecker’s close relationship with Trump. Then, in January, Pecker and the Enquirer devoted the cover and 12 pages of its Jan. 28 edition to an exposé of Bezos’s affair with Lauren Sanchez, former host of Fox’s “So You Think You Can Dance.”
“Our board has been keenly focused on leveraging the popularity of our celebrity glossy, teen and active lifestyle brands while developing new and robust platforms . . . that now deliver significant revenue streams,” Pecker said , in a draft release of AMI’s announcement, reviewed by The Post. “Because of this focus, we feel the future opportunities with the tabloids can be best exploited by a different ownership.
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The National Enquirer does not make sense as a for profit enterprise because it gives away its most potent product, exposure of its front page at checkout counters. Readership is down to 200k but millions see its front page. Boycott stores that display it. BoycottAMIStores
HillaryClinton should Sue the National Enquirer for slandering her doing the 2016 Presidential Election.
Ha ha ha
Get it sold before Bezos brings up a civil suit against it?
ScottMStedman Now how will we hear about alien visitations?
By those standards, WAPO should gonon the market for sure. You guys did the same for Hillary...and you all came out losers.
What? I thought it was illegal for any news organizations or national publications to support anyone other than Democrats?
Fake News sold because they sold fake news? Is this an oxymoron? Double negative? What's that thing where it's spelled the same backwards&forwards...funny though.
ScottMStedman JeffBezos -- please buy it and open the safe.
Oh really?🤣
Blame it on the Pecker!!
Bezos should buy it and burn it down. Or, he could start a different type of publication that's ethical and legitimate.
Paging mackenziebezos
Look below at some of the lying nasty things that.... the National Enquirer did for Trump. Trump used a lot of material from the nasty National Enquirer to attack people personal lives with lies
royalmusing The enquirer isn't fit to line bird cages. Utter trash!
royalmusing o well
We didn't need any help to elect President Trump. You are FAKE NEWS.
SteveKopack Womp womp. Thoughts and prayers.
Trump is a shit midas when will people learn this
Bezos should buy it and open the vault of all their catch-and-kill stories.
This is terrible. How will I ever find out if Jennifer Aniston is pregnant
Hahahahahahahahaha hahahaha. I hope no one buys it and it just disappears.
🎻
Hahahaha, AIM's owners are still gonna end up in prison and lose the proceeds of the sale by civil forfeiture.
JeffBezos In the market to turn around a sleazy tabloid paper to complete your collection? Maybe you could buy the vault too?!?!
What is the price in rubles?
That rag ought to be cheap. LOL
christinawilkie Does Pecker's vault filled with dirt go with the paper?
To another criminal, maybe trumps son!
LOCK THEM UP !!
Someone is going out of a bad business that’s hurting our country democracy it’s ashamed because a lot of ppl will be out of work now this is a blame for trump because it helped him get out nasty things about America citizens now they’re paying the price because of bad influence
Good
ScottMStedman Maybe Trump will buy it, turning it into the Trumpistan Only News. Can't take all the credit for the name though, thanks 2 ProudResister for the Trumpistan
And nothing of value was lost.
Womp womp.
Just like Cambridge Analytica did they’ll come back w new name.
Now how the hell am I going to get my alien news. I guess I'll never know what happened to Hillary Clinton's alien double.
Unlike the MSM, the Enquirer was doing their job, and now we know their claim of spying was correct so they get penalized. 🙄
ScottMStedman Bezos should buy this for chump change and open up that catch-and-kill vault.
Lol so it starts. There will be many more to fall when lawsuits roll out.
Honestly who buys this trash?
Sad, but we'll still have WaPo. Same thing.
christinawilkie Ah so that's one way to get out the mess they're in - sell it. Probably to fox news
christinawilkie Catch and kill
Nice. Couldn't happen to a more worthy publication.
Those fake stories were in-kind donations to Trump's campaign. A definite sustained effort to help him win. Betcha none are reported on Trump's disclosure forms.
Now the American people need to do the same with WaPo for towing the leftist line.
ScottMStedman Womp Womp
Oh how cool would it be if Jeff Bezos bought it and shut it down!
Good. Simply good.
Buy it and kill it. Just like they did stories.
Womp womp.
Pay close attention to this transaction!
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Bezos should buy it so he gets all of their files
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