National Enquirer may be sold as owner faces financial pressure amid Bezos fight - News Summed Up

National Enquirer may be sold as owner faces financial pressure amid Bezos fight


The parent of the National Enquirer said Wednesday that it is exploring a possible sale as part of a "strategic" review of its tabloid business. American Media said it was considering a sale so it could focus more on other parts of its business, including its teen brand and broadcast platforms. Bezos took to social media to accuse the National Enquirer of blackmailing him. In addition to the National Enquirer, American Media said it was also considering selling two other brands, Globe and National Examiner. American Media owns news, celebrity and sports publications such as Us Weekly, Star, OK!, In Touch, Life & Style, Men's Journal, Muscle & Fitness, Snowboarder and Surfer.


Source: CBC News April 11, 2019 13:30 UTC



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