Description
The National Enquirer is an American tabloid newspaper. Founded in 1926, the newspaper has undergone a number of changes over the years.
The National Enquirer openly acknowledges that it pays sources for tips, a common practice in tabloid journalism that results in conflicts of interest. It has also been embroiled in several controversies related to its catch and kill practices and allegations of blackmail. It has struggled with declining circulation figures because of competition from other glossy tabloid publications.
In May 2014, American Media announced a decision to shift the headquarters of the National Enquirer from Florida, where it had been located since 1971, back to New York City, where it originally began as The New York Enquirer in 1926.
On April 10, 2019, Chatham Asset Management, which had acquired control of 80 percent of AMI's stock, forced AMI to sell the National Enquirer. This came after Chatham owner Anthony Melchiorre, whom AMI has also relied on for survival, expressed dismay of the tabloid magazine's recent scandals regarding hush money assistance to U.S. President Donald Trump's 2016 campaign and blackmail of Jeff Bezos. On April 18, 2019, AMI agreed to sell the National Enquirer to Hudson Group. Pending bankruptcy, Chatham will again become the majority shareholder of the paper.
