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American tabloid National Enquirer put up for sale

IANS  |  Washington 

The National Enquirer, an American tabloid which has been beset by scandals of its own making in the past year, has been put up for sale, the reported.

(AMI) confirmed the plan on Wednesday after reported that the company has come under "intense pressure" to part ways with the Enquirer, reports

In a statement on Wednesday evening, Pecker said the company has been "keenly focused on leveraging the popularity of our celebrity glossy, teen and active lifestyle brands while developing new and robust platforms including broadcast and audio programming, and a live events business, that now deliver significant revenue streams".

of titles that are not up for sale include Us Weekly, OK, Star, In Touch, and

The titles that are being sold, along with the Enquirer, are the and the

There was no immediate word about who might be in line to buy the tabloids, or at what price. But AMI said its decision to "explore strategic options" will "likely result in their sale in the near future".

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 11 2019. 09:34 IST
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