American Media, Inc. (AMI), is an American publisher of magazines, supermarket tabloids, and books based in New York City. Originally affiliated with only the National Enquirer, the media company's holdings expanded considerably in the 1990s and 2000s. In November 2010, American Media filed for Chapter 11 bankruptcy protection due to debts of nearly $1 billion, but has continued to buy and sell magazine brands since then.
American Media Inc. announced Thursday the $100 million sale of the National Enquirer, National Examiner and Globe tabloids to James Cohen, owner and CEO of Hudson News, best known for its airport.. CBS News - Published
The National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson News, The Washington Post reports. The supermarket tabloid, along with two sister publications, will be purchased by.. WorldNews - Published
Jeff Bezos has long alleged that the Saudi government may have played a role in the National Enquirer tabloid's coverage of his extramarital affair. Now a security consultant hired by the Amazon boss..