The National Enquirer tabloid. At the center of much of the controversy involving former President .
The Enquirer’s parent company. A 360 Media, has agreed to sell the publication — along with other tabloid brands . National Examiner, The Globe and . National Enquirer UK — to a joint venture of VVIP Ventures. Vinco Ventures and Icon Publishing, the companies said Monday.
The value of the deal was not disclosed. But Farnsworth, founder of Icon Publishing, told The New York Times that it was . less than $100 million. The national searcher has been on the block for almost four years.
In November, prosecutors alleged . Farnsworth and Mitchell Lowe, the former MoviePass CEO, misled investors about. The once-hot movie ticketing startup by saying its “unlimited. Plan would be sustainable and profitable. Rather, authorities said, the two men knew it was a marketing ploy. A spokeswoman for Farnsworth said her lawyers will fight the allegations until proven.
News of the deal comes a week after former . National Enquirer publisher . David Packer and his attorney were seen entering a Manhattan courtroom . Where a grand jury was meeting to determine whether to indict . Trump for an alleged scheme to pay porn star Stormy Daniels. 2016 elections.
Pekar was reportedly a friend of Trump. He has been accused of pulling “catch and kill” tactics on . Stories seen as embarrassing to Trump. That means, under his watch, the Enquirer will pay for stories about Trump and never publish them.
. The National Enquirer’s parent company . Immunity over a $150,000 hush-money payment to tabloid Playboy. Model Karen McDougal, who claimed she had an affair with Trump.
