Covers Sell

Covers Sell

National Enquirer sold to Wholesaler

Posted by Scott On April - 19 - 2019

USA wholesaler James Cohen will be the new owner of the National Enquirer, Globe and National Examiner, according to a press release.  AMI said it had reached an agreement in principle with Mr. Cohen to sell the titles.

According to a BBC article, “The sale terms were not disclosed but the Washington Post reported a sale price of $100 million.”

The BBC article goes on to say, “The sale of these brands shows their vitality in today’s newsstand marketplace where they continue to generate nearly $30 million in profit annually,” AMI chief executive David Pecker said.

AMI recently acquired the former NewsGroup USA wholesale agencies, as well as Co Mag, the USA’s largest national distributor, who recently had acquired Coast to Coast Newsstand Services in Canada.

Leave a Reply

Sponsors

About Me

Scott Bullock is a veteran circulation expert with over 38 years experience in both Canada and the United States. He has worked on trade titles such as Publisher’s Weekly, Library Journal, School Library Journal and Small Press in the USA. In consumer magazines, Scott was the Circulation Director for D Magazine (the city magazine of Dallas, Texas), and in Canada he was the Circulation Director for Toronto Life, Fashion, and Canadian Art. From 2000 to 2004, Scott was a partner at Coast to Coast Newsstand Services. Scott has also held the post of VP Sales & Marketing, for CDS Global, Canada. Currently, CoversSell.Com is Scott’s circulation consultancy. Active clients include: Fly Fusion, Canadian Geographic, Canadian House & Home, Canada’s History, Canadian Real Estate Wealth, Canadian Woodworking, Canadian Cycling, Canadian Running, Canadian Scrapbooker, Legion, Harrowsmith, SkyNews, and SuperTrax.

Twitter

    Photos

    Activate the Flickrss plugin to see the image thumbnails!