In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois.
Scott Olson | Getty Images
The National Enquirer, the tabloid at the center of several controversies involving former President Donald Trump, will be sold to a joint venture involving Theodore Farnsworth, the former MoviePass president who has been criminally charged with securities fraud.
The Enquirer’s parent company, A360 Media, agreed to sell the publication – along with other tabloid brands National Examiner, The Globe and National Enquirer UK – to VVIP Ventures, a joint venture. Vinco Ventures and Icon Publishing, the companies said on Monday.
The price of the deal was not disclosed, but Icon Publishing founder Farnsworth told The New York Times that it was a little less than $100 million. The National Enquirer has been on the block for almost four years.
This is breaking news. Check back for updates.
