Here's Who Bought National Enquirer

Along with the rest of American Media's tabloid business
By Newser Editors and Wire Services
Posted Apr 18, 2019 4:32 PM CDT
In this July 12, 2017 file photo, an issue of the National Enquirer featuring President Donald Trump on its cover is displayed on a newsstand in a store in New York.   (AP Photo/Mary Altaffer, File)

(Newser) – The National Enquirer is being sold to the former head of the airport newsstand company Hudson News, the AP reports. Tabloid owner American Media says it is selling the supermarket weekly to James Cohen. The deal comes after a rocky year for the tabloid in which it was caught up in a federal probe of illegal campaign contributions to Donald Trump's presidential campaign in 2016. The tabloid has also been accused by Amazon chief Jeff Bezos of trying to blackmail him by threatening to publish explicit photos of him. The tabloid denies the charges. Financial terms were not immediately disclosed for the deal, which also includes two other American Media tabloids, the Globe and the National Examiner, but CNN, the Wall Street Journal, and the Washington Post are reporting $100 million. (The word "disgusted" had been used in the lead-up to the sale.)

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