What’s Next for American Media, LLC? | News & Notes

After nearly two years of ongoing scrutiny related to the alleged activities of its CEO, David Pecker, and chief content officer, Dylan Howard, the company now known as American Media, LLC is moving on to life after The National Enquirer, the cornerstone upon which Pecker built his tabloid empire after taking over the company in 1999. The $100 million sale of the Enquirer and its sister titles Globe and National Examiner to Hudson News heir James Cohen—agreed upon in April and reportedly pursued at the behest of the company's hedge fund backer, Chatham Asset Management—is expected to be completed by the end of the year. Pecker has said that going forward, American Media is "keenly focused" on its portfolio of non-tabloid brands, many of which, including Men's Journal, Us Weekly, In Touch and several adventure sports magazines, have been acquired over the past year. It also plans to further reduce the debts it incurred through these purchases (after the Enquirer sale, the company says its overall debt will total "only" $355 million). Another area in which the publisher is apparently placing its bets is the increasingly legal $13 billion North American cannabis industry. Earlier this month, Neptune Wellness Solutions—a Quebec-based provider of "natural alternative products," including cannabis and hemp extracts, fish oils and other supplements—announced a new partnership with American Media under which the publisher will provide Neptune with advertising and creative... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-10-15 20:27:22 UTC ]
News tagged with: #audited media #long-form writing #expanded role #highest level #executive producer #social channels #hearst

Other news stories related to: "What’s Next for American Media, LLC? | News & Notes"


What’s Next for American Media, LLC? | News & Notes

After nearly two years of ongoing scrutiny related to the alleged activities of its CEO, David Pecker, and chief content officer, Dylan Howard, the company now known as American Media, LLC is moving on to life after The National Enquirer, the cornerstone upon which Pecker built his tabloid... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-15 20:27:22 UTC ]
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Upheaval at Sports Illustrated, Mergers in Digital Media | News & Notes

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[ Folio Magazine | 2019-10-03 20:41:59 UTC ]
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Notes on the American Magazine Media Conference

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[ Folio Magazine | 2015-02-05 00:00:00 UTC ]
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For Vice Media, bad-boy news culture is dead, long live news

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[ Digiday | 2020-12-30 05:01:28 UTC ]
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[ The Washington Post | 2020-08-25 15:43:28 UTC ]
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[ Folio Magazine | 2017-04-27 00:00:00 UTC ]
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In hard times for media companies, these people are working to bolster Indigenous news coverage in Sask.

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[ Literrary Hub | 2024-08-16 17:57:49 UTC ]
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[ Fast Company | 2024-08-16 12:30:37 UTC ]
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[ Book Riot | 2024-06-28 13:00:00 UTC ]
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[ The Guardian | 2023-04-14 02:39:52 UTC ]
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News Corp ends year on a low note as another senior figure investigated over alleged behaviour at staff drinks | The Weekly Beast

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[ The Guardian | 2022-12-16 02:16:26 UTC ]
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[ Fast Company | 2022-02-04 12:56:21 UTC ]
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[ The Guardian | 2021-09-03 03:21:06 UTC ]
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[ The Guardian | 2021-03-12 07:44:32 UTC ]
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[ The Guardian | 2020-10-25 05:42:32 UTC ]
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[ Digiday | 2020-08-21 10:00:09 UTC ]
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[ Folio Magazine | 2020-07-14 15:50:42 UTC ]
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