National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#101

Post by Somerset »

Sugar Magnolia wrote:
Thu Apr 11, 2019 11:28 am
pipistrelle wrote:
Thu Apr 11, 2019 9:56 am
Bezos didn’t get obscenely rich buying losers.
But once you're obscenely rich, the indulgence in a few vanity projects isn't going to break you.
Yes.

And this would be the ultimate "catch and kill" :twisted:

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#102

Post by Kendra »

Somerset wrote:
Thu Apr 11, 2019 11:31 am
Sugar Magnolia wrote:
Thu Apr 11, 2019 11:28 am
pipistrelle wrote:
Thu Apr 11, 2019 9:56 am
Bezos didn’t get obscenely rich buying losers.
But once you're obscenely rich, the indulgence in a few vanity projects isn't going to break you.
Yes.

And this would be the ultimate "catch and kill" :twisted:
:like:

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#103

Post by Addie »

New York Times
Ron Burkle, Billionaire Investor, Is Said to Be in Talks to Buy National Enquirer

The owners of The National Enquirer are in talks to sell the tabloid to the California billionaire Ronald W. Burkle, according to two people with direct knowledge of the negotiations.

An acquisition of The Enquirer by Mr. Burkle, a Democratic donor with close ties to President Bill Clinton, could raise eyebrows in Washington given President Trump’s fondness for the tabloid, which he has praised on Twitter.

While representatives of The Enquirer, which is owned by American Media Inc., are deep in their negotiations with Mr. Burkle, the deal could still fall apart, according to the two people with direct knowledge of the matter, who spoke on the condition of anonymity to describe private talks. Representatives for Mr. Burkle did not immediately respond to a request for comment.

Mr. Burkle specializes in buying distressed companies and selling them at a profit or rebuilding them to increase their value. He made his initial fortune buying and selling supermarkets in his home state. In 1999, he helped buy the Pittsburgh Penguins hockey franchise out of bankruptcy. The team has won three Stanley Cup championships since then.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#104

Post by ZekeB »

I wonder what would happen if Burkle bought Facebook. :think:
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#105

Post by Orlylicious »

The possible Burkle play is fascinating, the Enquirer's IP is the center of the action. Burkle could buy it just to release all the negative Donald stories in the vaults. Love it.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#106

Post by much ado »

Orlylicious wrote:
Thu Apr 11, 2019 1:39 pm
The possible Burkle play is fascinating, the Enquirer's IP is the center of the action. Burkle could buy it just to release all the negative Donald stories in the vaults. Love it.
Is there any way of knowing whether the vaults are still loaded with valuables?

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#107

Post by Jim »

much ado wrote:
Thu Apr 11, 2019 1:47 pm
Orlylicious wrote:
Thu Apr 11, 2019 1:39 pm
The possible Burkle play is fascinating, the Enquirer's IP is the center of the action. Burkle could buy it just to release all the negative Donald stories in the vaults. Love it.
Is there any way of knowing whether the vaults are still loaded with valuables?
Would Burkle be interested if they weren't.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#108

Post by ZekeB »

Jim wrote:
Thu Apr 11, 2019 2:28 pm
Would Burkle be interested if they weren't.
I'm not saying this is why Burkle would be interested, but why else would he want that old gossip rag? Surely it appeals more to the conspiracy theorists. I'd bet those who think that way are much more aligned with that guy in the White House.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#109

Post by RVInit »

ZekeB wrote:
Thu Apr 11, 2019 3:48 pm
Jim wrote:
Thu Apr 11, 2019 2:28 pm
Would Burkle be interested if they weren't.
I'm not saying this is why Burkle would be interested, but why else would he want that old gossip rag? Surely it appeals more to the conspiracy theorists. I'd bet those who think that way are much more aligned with that guy in the White House.
He may intend to shut it down. That would be sweet. Of course, icing on the cake would be for the last publication to include every single story that was bought to prevent it from being published.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#110

Post by much ado »

Jim wrote:
Thu Apr 11, 2019 2:28 pm
much ado wrote:
Thu Apr 11, 2019 1:47 pm
Orlylicious wrote:
Thu Apr 11, 2019 1:39 pm
The possible Burkle play is fascinating, the Enquirer's IP is the center of the action. Burkle could buy it just to release all the negative Donald stories in the vaults. Love it.
Is there any way of knowing whether the vaults are still loaded with valuables?
Would Burkle be interested if they weren't.
If the vaults were still full, I would think that Bezos would be really interested in buying the Enquirer. He could leak out the vault contents, a story at a time, in the Washington Post and make himself a rich man as well as exacting a delicious revenge. (That 'rich man' is a joke, BTW.)

Is that called 'catch and release'?

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#111

Post by Addie »

Rolling Stone: ‘National Enquirer’ Sale: Who Gets the Trove of Trump’s Darkest Secrets?

The tabloid infamous for spiking bad news about Trump could sell its archive of unpublished stories about the president

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#112

Post by Somerset »

The National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson News

https://www.washingtonpost.com/lifestyl ... 13df1327bc
Ending an association between a longtime friend of President Trump and the tabloid that favored him during the 2016 election, American Media Inc. is selling the National Enquirer for $100 million to James Cohen, CEO of Hudson News.

The supermarket tabloid, along with two sister publications, will be purchased by the head of the travel retailer known for its airport newsstands, according to people familiar with the agreement.

The decision to sell came after Anthony Melchiorre, the hedge fund manager whose firm controls AMI, became disillusioned with the reporting tactics of the Enquirer, which is overseen by David Pecker, Trump’s confidant dating back many years.

AMI has been under intense pressure because of the Enquirer’s efforts to tilt the 2016 presidential election in favor of Trump.
Why would a retailer buy a collection of tabloids?

In the comments, someone suggested that much of their value is the product placement space they have in supermarkets across the US. If that's the case, I doubt it was bought for the value of the "catch and kill safe," and these assets might be re-sold to someone better able to monetize them.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#113

Post by fierceredpanda »

I just looked up the name James Cohen on Open Secrets. Found this entry to be reason for optimism:
COHEN, JAMES ALPINE, NJ 07620 HUDSON MEDIA INC 08-28-2016 $17,300.00 DNC Services Corp (D)
There's quite a lot of James Cohens, obviously, but it looks like the one who owns Hudson Media is a Democratic donor. Also spotted a donation to Cory Booker's Senate campaign.

I'm sure Donald Trump will sleep better tonight knowing this man may now own a trove of blackmail material on him. :dance:
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#114

Post by fierceredpanda »

Also had a max individual contribution to Hillary Clinton's campaign.

The only GOP donations I see are to moderate Republicans in NJ or nearby states (Arlen Specter, who was a Democrat in all but name by the time Cohen was giving to him, and it was probably for the purpose of helping Spector fend off one of Pat Toomey's primary challenges to Specter). It's pretty clear he gives money to Democrats.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#115

Post by fierceredpanda »

He also gave $5000 to Leadership Matters for America PAC in 2015. If I recall correctly, that was a "Stop Trump" Republican PAC.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#116

Post by much ado »

I, for one, sure hope the vaults are still chock full of goods.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#117

Post by DejaMoo »

Somerset wrote:
Thu Apr 18, 2019 3:46 pm
The National Enquirer is being sold for $100 million to James Cohen, CEO of Hudson News
Why would a retailer buy a collection of tabloids?


Because he and Pecker/AMI have done business together before. Cohen and Pecker partnered in 2011 to buy the American version of the tabloid OK! from its British founder.

In other words, this is a friendly acquisition to save (and probably protect) Pecker.
I've heard this bull before.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#118

Post by Northland10 »

much ado wrote:
Thu Apr 18, 2019 4:17 pm
I, for one, sure hope the vaults are still chock full of goods.
I would expect Pecker had a shredding party once AMI put the company for sale. Either that, or he already took it with him, since he may still feel a need to have them, just in case.

Given the nature of the business, however, some staffer may have already purloined a copy or two, for future use.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#119

Post by much ado »

Northland10 wrote:
Thu Apr 18, 2019 5:14 pm
much ado wrote:
Thu Apr 18, 2019 4:17 pm
I, for one, sure hope the vaults are still chock full of goods.
I would expect Pecker had a shredding party once AMI put the company for sale. Either that, or he already took it with him, since he may still feel a need to have them, just in case.

Given the nature of the business, however, some staffer may have already purloined a copy or two, for future use.
Why would anyone pay $100 million for the National Enquirer if the valuables are gone?

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#120

Post by RVInit »

Would it really matter if the stories are actually contained in the vaults or not? If AMI owns the rights to the stories, as long as the people who sold their stories are still around and willing to tell their story again, can't those stories still be published? I guess AMI's former owner could have specifically excluded those story rights, but if not, may the floodgates open wide!
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#121

Post by Orlylicious »

Didn't see this detail, who's picking up the liability with Bezos?

James is the son of the founder of Hudson News, they sold out 10 years ago so he's not actively with Hudson News. He featured his house in a home online mag he owns, and seems to be a Republican, tho he's donated to both sides.

For $100M they have to believe there's a lot of valuable content. Will it be through publishing or more "catch and release"? If they're keeping Dylan on seems like we still may not be seeing the good stuff. Yet. WaPo: "Dylan Howard, the chief content officer of AMI, will remain at the company, those people said."
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#122

Post by pipistrelle »

Orlylicious wrote:
Thu Apr 18, 2019 10:51 pm
James is the son of the founder of Hudson News, they sold out 10 years ago so he's not actively with Hudson News. He featured his house in a home online mag he owns, and seems to be a Republican, tho he's donated to both sides.
A lot of business owners do this. Hedging their bets, I suppose.

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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#123

Post by Gregg »

He's buying to to put in airport newstands, because like a Trumper holding onto that wish that coal is gonna come rolling back, any day now, there are still people in the print business that think any day now people are gonna get sick of reading up to the minute coverage on their phones, tablets and laptops and go back to reading news updated once a week at best, in newsprint.

The more I learn about business the more I learn that there are a lot of very successful morons in business.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#124

Post by ZekeB »

Gregg wrote:
Fri Apr 19, 2019 12:10 am
The more I learn about business the more I learn that there are a lot of very successful morons in business.
Are you successful if you take Daddy's Money and 50 years later have less than you started with when accounting for inflation? What about the millions of dollars of debt discharged in bankruptcy? I refer to Trump. I know nothing about James Cohen, but I wonder if his wealth is self-made.
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Re: National Enquirer's David Pecker Flips On Donald To Feds "Dirty Deeds" -- Now With Amazon's Bezos & WaPo!

#125

Post by Gregg »

By successful in this instance, I mean people who are in high corporate positions, no matter how they got there. The ones with daddy's money, the ones who had one lucky break once 20 years ago and just rode it to where they are, and the ones who I can't figure out how they tie their shoes in the morning....
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