American Media sells other mags amid National Enquirer deal limbo
AMI officials were given initial immunity to testify about the hush-money payments to two women who claimed to have slept with President Trump, AMI may have figured in subsequent investigations into Trump’s finances that raised some new questions. Michael Cohen, Trump’s personal attorney and fixer, was sentenced to jail partly on testimony of AMI executives.
https://nypost.com/2020/02/18/american-media-looking-to-sell-other-mags-amid-national-enquirer-deal-limbo/
Men’s Journal laid off its entire editorial staff in New York Friday, WWD has learned.
It’s understood that its owner, David Pecker’s American Media, is merging Men’s Journal’s editorial operations with Carlsbad, Calif.-based The Adventures Sport Network, which it acquired last year. From April, all editorial operations will be run out of that West Coast office.
At the same time, the magazine’s frequency will drop from 10 issues to six a year, with a more niche audience.
https://wwd.com/business-news/media/mens-journal-lays-off-staff-1203502877/
In 2018, David Pecker became embroiled in controversy regarding his involvement in a catch and kill operation to buy exclusive rights to stories that might embarrass his friend Donald Trump, to prevent the stories from becoming public during the 2016 presidential campaign. In 2019, former Trump lawyer Michael Cohen stated that he assisted Pecker in this operation