National Enquirer reportedly bought by CEO of Hudson News for $100-million GlobeBusiness
The National Enquirer is being sold for $100 million to James Cohen, chief executive of Hudson News, the Washington Post reported on Thursday, citing people familiar with the agreement.
The supermarket tabloid, along with two sister publications, will be purchased by the head of the travel retailer known for its airport newsstands, the report said. Earlier this month, American Media Inc , owner of the National Enquirer, had said it was looking at “strategic options” for the weekly, as well as for the Globe and the National Examiner brands.The National Enquirer and Hudson News did not immediately respond to a request for comment.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Air Canada CEO’s compensation jumps 28 per cent to $11.5-million after record revenuesTotal compensation for the carrier’s top six executives reached $24.9-million in 2018, according to the proxy circular ahead of Air Canada’s annual meeting
Read more »
Facebook CEO Mark Zuckerberg’s compensation for 2018 more than doubles to $22.6-millionEven though Zuckerberg has been drawing a base salary of $1 for the past three years, his ‘other’ compensation was listed at $22.6-million, nearly half of which was for his personal security
Read more »
CTV National News: Pricey pot in CanadaGlaring numbers compiled by Statistics Canada show the price of recreational pot has increased since legalization. Todd Battis explains.
Read more »
CTV National News: Urgent call to actionA UN envoy is critical of Canada's handling of disability rights, calling its record less than stellar. CTV_AvisFavaro reports:
Read more »