While it might have gotten more money before many printed publications went online, American Media Inc. has announced its plans to sell the National Enquirer.
In a statement released Wednesday, CEO David J. Pecker said the company decided to offload the popular tabloid because it doesn’t agree with its sensational style of reporting. “We have been keenly focused on leveraging the popularity of our celebrity glossy, teen and active lifestyle brands,” he said. “Because of this focus, we feel the future opportunities with the tabloids can be best exploited by a different ownership.”
Do you read the National Enquirer? Why is it still published when so many other papers are no longer around?