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Bezos goes for the throat


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#41 LFC

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Posted 11 April 2019 - 11:33 AM

The hedge fund that owns AMI wants to dump the National Enquirer. It's now become a liability. I suspect that if Bezos decides to sue it will become a massive liability, one that could take down all of AMI with it.

Quote

The hedge fund that controls American Media Inc. has become increasingly “disgusted” by the National Enquirer’s reporting practices and AMI is actively looking to sell the tabloid, The Washington Post reported.

After the tabloid and AMI CEO David Pecker became embroiled in a scandal associated with the President and hush money payments to keep a former Playboy model quiet about her alleged affair with President Trump, the company’s board of directors started exploring ways to get rid of National Enquirer.

“They didn’t want to deal with hassles like this anymore,” a person familiar with the process told the Post.

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer

#42 andydp

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Posted 11 April 2019 - 01:09 PM

View PostLFC, on 11 April 2019 - 11:33 AM, said:

The hedge fund that owns AMI wants to dump the National Enquirer. It's now become a liability. I suspect that if Bezos decides to sue it will become a massive liability, one that could take down all of AMI with it.

Quote



The hedge fund that controls American Media Inc. has become increasingly “disgusted” by the National Enquirer’s reporting practices and AMI is actively looking to sell the tabloid, The Washington Post reported.

After the tabloid and AMI CEO David Pecker became embroiled in a scandal associated with the President and hush money payments to keep a former Playboy model quiet about her alleged affair with President Trump, the company’s board of directors started exploring ways to get rid of National Enquirer.

“They didn’t want to deal with hassles like this anymore,” a person familiar with the process told the Post.



I really and truly think Bezos should buy this entity and have as much fun with it as all those bazillion dollars can think up.
Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.

Rev Martin Luther King Jr.


Obamacare took my guns away and put me in a FEMA reeducation camp.

Anonymous

If you've got public schools paid for by taxpayers, you're in a socialist nation. If you have public roads paid for by taxpayers, socialist nation. If you've got public defense (police, fire, military, coast guard) paid for by tax dollars, socialist nation. If you're in a nation that has nationalized or localized delivery of services that are not paid for by users alone, you're in a socialist nation- the only question is how socialist. As I see it, we pay the military pay to protect the shipping lanes for our fuel needs which makes us very socialist. In a capitalist nation, the people supplying the oil would pay for their own defense force.


DC Coronata

#43 pnwguy

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Posted 11 April 2019 - 01:20 PM

View Postandydp, on 11 April 2019 - 01:09 PM, said:

Quote



The hedge fund that controls American Media Inc. has become increasingly “disgusted” by the National Enquirer’s reporting practices and AMI is actively looking to sell the tabloid, The Washington Post reported.

After the tabloid and AMI CEO David Pecker became embroiled in a scandal associated with the President and hush money payments to keep a former Playboy model quiet about her alleged affair with President Trump, the company’s board of directors started exploring ways to get rid of National Enquirer.

“They didn’t want to deal with hassles like this anymore,” a person familiar with the process told the Post.



I really and truly think Bezos should buy this entity and have as much fun with it as all those bazillion dollars can think up.
You want to see things like this at the supermarket checkout stand?

TRUMP AND PORN STAR HAVE AN ALIEN LOVE CHILD KEPT IN A CAGE IN ROSWELL!!!

Exclusive first photos
"He shot a 3 under par at the military base course"
"Don Jr., Ivanka, and siblings fuming about another heir to dilute their fortune"

Posted Image
"All glory to the HypnoTrump, or else..."

"It all makes sense when you remind yourself that the GOP is no longer a political party but turned into an organized crime family"

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#44 andydp

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Posted 11 April 2019 - 01:47 PM

View Postpnwguy, on 11 April 2019 - 01:20 PM, said:

You want to see things like this at the supermarket checkout stand?

TRUMP AND PORN STAR HAVE AN ALIEN LOVE CHILD KEPT IN A CAGE IN ROSWELL!!!

Exclusive first photos
"He shot a 3 under par at the military base course"
"Don Jr., Ivanka, and siblings fuming about another heir to dilute their fortune"

Posted Image

The sad part is too many idiots will think this is a real photo.

As for the other headlines: Look pretty viable to me.

Better yet:

Send some "fellas" over from North Jersey:

"Nice AMI ya got here Mr Pecker, be a shame if something happened to it. er What did you say ?"

Oh, its supposed to be: Nice pecker you got there Mr Pecker, be a shame if something happened to it."

No ? Then what is it ?

How about: "AMI takes Mr Bezos' money and lets you hang out to dry, Mr Pecker."

I wonder how much Bezos is willing to pay for "that safe". Like they say everyone has a price...
Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.

Rev Martin Luther King Jr.


Obamacare took my guns away and put me in a FEMA reeducation camp.

Anonymous

If you've got public schools paid for by taxpayers, you're in a socialist nation. If you have public roads paid for by taxpayers, socialist nation. If you've got public defense (police, fire, military, coast guard) paid for by tax dollars, socialist nation. If you're in a nation that has nationalized or localized delivery of services that are not paid for by users alone, you're in a socialist nation- the only question is how socialist. As I see it, we pay the military pay to protect the shipping lanes for our fuel needs which makes us very socialist. In a capitalist nation, the people supplying the oil would pay for their own defense force.


DC Coronata

#45 LFC

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Posted 19 April 2019 - 09:42 AM

The National Enquirer sale is in the works.

Quote

The National Enquirer is being sold to the former head of the airport newsstand company Hudson News following a rocky year in which the tabloid was accused of burying stories that could have hurt Donald Trump’s 2016 presidential campaign.

Tabloid owner American Media said Thursday it plans to sell the supermarket weekly to James Cohen. Financial terms were not immediately disclosed for the deal, which included two other American Media tabloids, the Globe and the National Examiner.

American Media said last week that it wanted to get out of the tabloid business to focus on its other operations that include its teen brand and broadcast platforms.

Federal prosecutors in Manhattan agreed last year not to prosecute American Media in exchange for the company’s cooperation in a campaign finance investigation. That probe eventually led to a three-year prison term for Trump’s former personal lawyer Michael Cohen for campaign violations among other charges.

American Media admitted it had paid $150,000 to keep former Playboy model Karen McDougal quiet about an alleged affair with Trump to help his campaign. Trump has denied an affair.

The sale would end a longtime relationship between the National Enquirer and Trump. Under the aegis of American Media CEO David Pecker, the tabloid has for years buried potentially embarrassing stories about Trump and other favored celebrities by buying the rights to them and never publishing in a practice called “catch-and-kill.”

The Associated Press reported last year that Pecker kept a safe in the Enquirer’s office that held documents on buried stories, including those involving Trump.

Whether James Cohen has any allegiances to Trump is not clear. While he was a registered Republican as late as 2017, according to Nexis records, he has given to both Republicans and Democrats. That included $17,300 in 2016 to an arm of the Democratic National Committee and $2,500 to the Republican National Committee in 2012.

News of the sale comes two months after Amazon chief Jeff Bezos publicly accused the National Enquirer of trying to blackmail him by threatening to publish explicit photos of him.

An American Media attorney denied the charge, but it threatened potentially big legal costs by upending American Media’s non-prosecution agreement in the hush money case. The AP reported that federal prosecutors were looking into whether the publisher violated terms of the deal, which included a promise not to break any laws in the future.

The Bezos accusation comes at a difficult time for American Media. It has financed several recent acquisitions with borrowed money and has been struggling under a heavy debt load. American Media said the Cohen deal would help reduce the amount it needs to pay back, leaving it with $355 million in debt.

The Washington Post, which earlier reported the sale, said Cohen will pay $100 million in the deal.

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer





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