National Enquirer Protected Trump -- And Lost $72 Million Last Year

[DonViejo]

Eric Boehlert

August 31, 2018 3:03 am

It turns out the National Enquirer’s decision to become a work for Trump, attacking his enemies and trying to silence women from his past, isn’t paying off financially.

In fact, the Associated Press reports, “The Enquirer’s privately held parent company, American Media Inc., lost $72 million for the year ending in March.” The collapse comes “despite AMI chairman David Pecker’s claims that the Enquirer’s heavy focus on Trump sells magazines,” according to AP.

Pecker now finds himself deeply enmeshed in scandals and investigations, after the tabloid served as a conduit for Trump’s presidential campaign, arranging payments for women who had affairs with the Republican.

Last week, the Wall Street Journal reported that Pecker and Dylan Howard, AMI’s chief content officer, have received immunity from prosecutors who are investigating Trump’s payoffs to the tabloid.

more
http://www.nationalmemo.com/national-enquirer-protected-trump-and-lost-72-million-last-year/

[no_hypocrisy]

1. I thought David Pecker was all about business.

The loss of $72 million is not a good business status.

[Meadowoak]

2. The world will be a better place, without the National Enquirer and trump!

[democratisphere]

3. America would be a better place WITHOUT the National Enquirer.

[obamanut2012]

4. Cancelled my Muscle & Fitness sub

Thanks to whichever DUer who posted that the same parent company owned the NE and M&F. It's one of the few mag subs I've kept.