National Enquirer sold to group that includes indicted ex-MoviePass chairman
Publishing timestamp: 2023-02-06 09:04:56
Summary
The National Enquirer, a tabloid at the center of several controversies involving Donald Trump, will be sold to a joint venture involving Theodore Farnsworth, the former MoviePass chairman who has been criminally charged with securities fraud. The deal's price was not disclosed, but it was reportedly under $100 million. The Enquirer has been on the block for about four years, and its circulation has fallen 90% over the past two decades.
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Keywords: crime, media, business news, politics, donald trump, publishing, vinco ventures inc,
Source: https://www.cnbc.com/2023/02/06/national-enquirer-sold.html