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National Enquirer Is Put Up for Sale in Wake of Bezos Scandal

  • Billionaire accused publisher of extortion in February
  • The controversy also has engulfed hedge fund owner Chatham
National Enquirer tabloid newspapers are displayed for sale in a grocery store.

National Enquirer tabloid newspapers are displayed for sale in a grocery store.

Photographer: Luke Sharrett/Bloomberg
Updated on

The National Enquirer, a 93-year-old tabloid that chronicled celebrity controversies before becoming embroiled in scandals of its own, is on the block to be sold by embattled publisher American Media LLC.

Following accusations of extortion by billionaire Jeff Bezos this year and an earlier flap over killing embarrassing stories about Donald Trump, American Media said Wednesday that it would unload the weekly imminently. A heavy debt load has put an additional burden on the company, and — despite being a staple of supermarket checkout aisles for decades — the Enquirer’s circulation is sliding.