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Media
Related: About this forumDavid Pecker out as CEO of National Enquirer parent company
Source: Associated Press
David Pecker out as CEO of National Enquirer parent company
August 22, 2020
NEW YORK (AP) David Pecker is stepping down as CEO of the National Enquirers parent, ending a reign that saw the company entangled in a campaign-finance scandal that sent President Donald Trumps personal lawyer to jail.
Peckers company, American Media Inc., is being taken over by Accelerate360, a logistics firm based in Smyrna, Georgia, whose recent efforts include the delivery of millions of facemasks and units of hand sanitizer.
Accelerate did not disclose the terms of the deal in its announcement Friday. But it said the combined entity would be headed by Accelerate CEO David Parry.
Chris Scardino, an 18-year veteran of American Media, was named president of A360 Media, the New York-based unit that will house American Medias former titles, which also include Us Weekly, Life & Style and OK! Pecker will serve as an executive advisor to the companys A360 Media division, Accelerate said.
Under Pecker, the National Enquirer for years buried potentially embarrassing stories about Trump and other favored celebrities by buying the rights to them and never publishing. The practice was known as catch-and-kill.
-snip-
August 22, 2020
NEW YORK (AP) David Pecker is stepping down as CEO of the National Enquirers parent, ending a reign that saw the company entangled in a campaign-finance scandal that sent President Donald Trumps personal lawyer to jail.
Peckers company, American Media Inc., is being taken over by Accelerate360, a logistics firm based in Smyrna, Georgia, whose recent efforts include the delivery of millions of facemasks and units of hand sanitizer.
Accelerate did not disclose the terms of the deal in its announcement Friday. But it said the combined entity would be headed by Accelerate CEO David Parry.
Chris Scardino, an 18-year veteran of American Media, was named president of A360 Media, the New York-based unit that will house American Medias former titles, which also include Us Weekly, Life & Style and OK! Pecker will serve as an executive advisor to the companys A360 Media division, Accelerate said.
Under Pecker, the National Enquirer for years buried potentially embarrassing stories about Trump and other favored celebrities by buying the rights to them and never publishing. The practice was known as catch-and-kill.
-snip-
Read more: https://apnews.com/8a029e9d112df85ce3504ecf34294ec2
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David Pecker out as CEO of National Enquirer parent company (Original Post)
Eugene
Aug 2020
OP
NCDem47
(2,591 posts)1. Ugh. This rag.
Twice in the last two weeks I had to glimpse at the cover of this at the grocery checkout stand.
One week it was about Epstein with all Democrats on the cover.
Another week about how China is to blame for all of America's ills.
Voltaire2
(14,861 posts)2. So Pecker is no longer the head?
Thomas Hurt
(13,929 posts)3. Yep, the Pecker has been cut short.
Voltaire2
(14,861 posts)4. The jokes just write themselves.
orwell
(7,997 posts)5. Pecker is limping off? n/m
NCjack
(10,297 posts)6. Will The Pecker guide The National Inquirer in blackmail and "catch-and-kill"?
C_U_L8R
(45,762 posts)7. Not a happy ending
Sneederbunk
(15,360 posts)8. A hard decision, but at least he was not left dangling.
Last edited Sat Aug 22, 2020, 11:15 AM - Edit history (1)
What happened to his safe?