National Enquirer up for sale after Trump, Bezos scandals

The National Enquirer, the tabloid that billionaire Jeff Bezos accused of extortion earlier this year, is on the block to be sold by parent company American Media Inc. American Media’s board conducted a review of its tabloid business, including the Globe and National Examiner brands, and decided to explore strategic options. That will “likely result in their sale in the near future,” the company said on Wednesday. “We feel the future opportunities with the tabloids can be best exploited by a different ownership,” CEO David Pecker said in a statement. The Enquirer and its owner have come under intense pressure since Bezos made his allegations in a blog post in February. Bezos accused American Media of trying to blackmail him with photos of him with a woman who wasn’t his wife. He also published emails sent to his lawyer, Marty Singer, by American Media executives. The scrutiny extended to American Media’s hedge fund owner, Chatham Asset Management, which was questioned by New Jersey officials over the matter. The Bezos controversy followed a separate flap over the publisher’s ties to President Donald Trump. The company admitted that it worked with the Trump campaign to kill stories about the candidate’s relationships with women. Unloading the Enquirer would shift American Media’s focus toward fitness and lifestyle brands. In recent years, it acquired Us Weekly and Men’s Journal, as well as Bauer Media’s celebrity and teen brands. Bezos, founder and CEO of Amazon,... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-04-11 00:00:00 UTC ]
News tagged with: #private investigator #financial losses #announced earlier #$256 million #bloomberg news #—bloomberg news

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2023 National Book Award Longlists Announced

The National Book Foundation is announcing the 2022 National Book Award longlists this week. Five finalists in each of the five categories will be named on October 3, and the winners will be announced during the awards ceremony on November 15. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
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Drew Barrymore is dropped as National Book Awards host amid writers' strike controversy

The National Book Foundation has rescinded Drew Barrymore's invitation to host the National Book Awards while her show tapes amid the Hollywood strikes. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-09-12 23:23:20 UTC ]
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British Academy Names a Shortlist; Reports on Sales Impact

London's British Academy Book Prize reports on its 2022 winner's sales and rights deals as it releases its 2023 nonfiction shortlist. The post British Academy Names a Shortlist; Reports on Sales Impact appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-12 12:57:48 UTC ]
More news stories like this | News stories tagged with: #rights deals #book prize


National Book Awards Drops Drew Barrymore as Host

The National Book Awards has rescinded its invitation to Drew Barrymore to host the 74th National Book Awards following the actor's decision to resume filming her daytime talk show in spite of the ongoing Hollywood strikes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-12 04:00:00 UTC ]
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Indigo Loses CEO, Reports Sales Drop, Relaunches Website

Peter Ruis has resigned as CEO of Indigo Books & Music, a position he held for a year. The news comes after the retirement of founder Heather Reisman, a boardroom shake-up, and a destructive cyber attack that impacted sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-11 04:00:00 UTC ]
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US National Book Foundation Honors Poet Rita Dove

The former US poet laureate, Rita Dove is the National Book Foundation's 2023 Distinguished Contribution medal winner. The post US National Book Foundation Honors Poet Rita Dove appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-08 18:57:16 UTC ]
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Print Book Sales Fell Again Last Week

Unit sales of print books fell 7.9% last week from the comparable week in 2022 at outlets that report to Circana BookScan. Sales were down in all categories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-07 04:00:00 UTC ]
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US National Book Foundation: Paul Yamazaki Wins the Literarian Award

For more than 50 years a bookseller at City Lights, San Francisco's Paul Yamazaki is the National Book Foundation's Literarian Award winner. The post US National Book Foundation: Paul Yamazaki Wins the Literarian Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-06 22:16:49 UTC ]
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Losing Streak for Print Book Sales Drags On

With the adult fiction and nonfiction categories posting declines of 9% and 6%, respectively, unit sales of print books fell 6.1% last week from the comparable week in 2022 at outlets that report to Circana BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-31 00:00:00 UTC ]
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A Slimmer Quarto Group Sees Sales and Earnings Fall

The combination of its decision to streamline its business and softer industry sales resulted in revenue at Quarto Group falling 16% in the first half of 2023, to $52 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
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Switzerland’s Karger and Kortext: Research for England’s National Health

The Basel-based Karger, founded in 1890, has partnered with the UK's Kortext on an NHS-England digital publishing program. The post Switzerland’s Karger and Kortext: Research for England’s National Health appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-29 18:33:43 UTC ]
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Nothing Was Pretty About Print Book Sales Last Week

The release of the second season of 'The Summer I Turned Pretty' on Amazon Prime gave a small boost to the Jenny Han novels that the series is based on last week, but it wasn't enough to stop a 7.1% drop in sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-24 04:00:00 UTC ]
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Religion Book Sales Slipped 1.2% in First Half of 2023

The 1.2% decline was largely driven by a 4.1% drop in sales for hardcovers in the first six months of 2023, according to figures released by the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-22 04:00:00 UTC ]
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#BookTok Helped Book Sales Soar. How Long Will That Last?

In July, for the first month ever, sales from the roughly 180 BookTok authors BookScan follows fell from the prior year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-18 04:00:00 UTC ]
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The Morning After: Twitter hands over Trump’s DMs

Newly unsealed court filings reveal how much data Xwitter has handed over to the January 6 investigation. This includes all tweets sent, drafted, liked and retweeted – even if they were subsequently deleted – by Donald Trump’s official account. This cache also included DMs sent, received or... Continue reading at Engadget

[ Engadget | 2023-08-17 11:15:13 UTC ]
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Dolly Parton's Imagination Library Expands National Reach

With events in Kansas and Washington, and statewide expansion elsewhere, country music icon Dolly Parton welcomes supporters of her Imagination Library, a philanthropic program that mails one book a month to each enrolled child under the age of five. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-17 04:00:00 UTC ]
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Print Book Sales Fell in All Categories Last Week

Unit sales of print books struggled again last week, falling 7.6% compared to the week ended August 13, 2022. The decline in adult fiction continued, with sales off 9.6%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-17 04:00:00 UTC ]
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Announcing the inaugural cohort of National Book Foundation Teacher Fellows.

Today, the National Book Foundation announced the inaugural recipients of the NBF Teacher Fellowship, “a new initiative to support and celebrate 6th-12th grade teachers using innovative methods to make reading for pleasure a part of their students’ school day experience.” “The NBF Teacher... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-16 14:00:44 UTC ]
More news stories like this | News stories tagged with: #innovative methods #make reading #newest addition #robust slate #national book foundation


Bookstore Sales Rose Nearly 7% in First Half of 2023

Despite a dip in June, sales increased 6.9% at bookstores during the first six months of 2023 over last year, rising to $3.86 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-15 04:00:00 UTC ]
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The Barnes & Noble 50% Hardcover Sale is On Now!

Here's your chance to stock up on hardcovers on the cheap! Barnes & Noble's 50% hardcover sale is on now. Continue reading at Book Riot

[ Book Riot | 2023-08-11 20:01:51 UTC ]
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