National Enquirer Being Shopped By Parent Corp. American Media

National Enquirer up for sale after Trump Bezos scandals

Owner of National Enquirer​ exploring sale of tabloid

American Media LLC announced that it is seeking a buyer for the National Enquirer and other newsprint tabloids it owns.

The New York City-based publishing company said in a statement its board had concluded a months-long review of its tabloid business, leading to the decision "to explore strategic options" for the US and United Kingdom editions of its National Enquirer, as well as its Globe and National Examiner publications.

Pecker claimed the decision was part of an operational review that began last August.

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"Because of this focus, we feel the future opportunities with the tabloids can be best exploited by a different ownership", said American Media CEO David Pecker in a statement.

Beyond the National Enquirer, American Media owns Star, OK!, In Touch, Life & Style, Closer, Men's Journal, Muscle & Fitness, Powder, Snowboarder, Surfer, Us Weekly and Bike.

An AMI spokesman did not immediately respond to a request for further comment.

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(National Enquirer via AP) This image shows the front page of the January 28, 2019, edition of the National Enquirer featuring a story about Amazon founder and CEO Jeff Bezos' divorce. Back in 2016, AMI was very leveraged and according to Chairman and CEO of American Media David Pecker "on the brink".

The world's richest man, who has frequently been a target of ire from Trump, has accused the publication of trying to blackmail him with the threat of publishing intimate photos.

The supermarket tabloid under fire for paying hush money to a former Playboy model to help Donald Trump in his 2016 presidential campaign is on the auction block.

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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.

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