American Media, which had something of a confusing 2009—withstanding a near brush with bankruptcy while publishing a Pulitzer-contending National Enquirer series of exposés on the philandering would-be veep John Edwards—is looking for a real estate broker.
“We’re in the super, super, super-preliminary phases,” American Media Inc. spokeswoman Samantha Trenk told The Commercial Read More
One Park Avenue, an 18-story Class A office building, is in contract to Murray Hill Properties. The building, owned by SL Green, is being sold for around $550 million, according to two sources familiar with the deal.
The 920,000-square-foot building will sell for about $585 a foot. That trumps the $526 a foot that 2 Read More
The New Orleans Times Picayune won praise by battling crippling conditions to cover the horrors of Hurricane Katrina. But the challenge and glory of meeting deadline under assault from a hurricane is not just for respectable broadsheets: Last week, Hurricane Wilma slammed into the home of American Media in Boca Raton, home of The Weekly Read More
Us Weekly editor Janice Min and Wenner Media agree on what she should be paid: $1.2 million per year, according to a source familiar with Min’s contract negotiations. But they don’t agree about what she can serve for lunch.
Owing to an impasse over staff perks–including catered meals–Min’s contract expired last week before a new Read More
It wasn’t long ago that David Pecker, the 51-year-old who was catapulted to national attention when the Boca Raton, Fla., offices of his tabloid empire, American Media Inc., was targeted for an anthrax attack in 2001, found himself trying to persuade Columbia University students to work for him in a recruiting jag.
After one young Read More
Michael Hirschorn and Kurt Andersen are beginning to put a staff together for their on-line media and entertainment industry magazine. Early hires include Craig Marks, who was executive editor of Spin magazine under Mr. Hirschorn and who will direct music industry coverage after his current gig at Rolling Stone runs out, and Lorne Manly, a Read More
Hachette Filipacchi Magazines chief executive David Pecker, notorious for his hellbent quest to make Hachette magazines spend less and make more, announced on Feb. 16 that he was resigning to run a journalistic operation where that doesn’t matter so much: American Media Inc., publisher of such supermarket tabloids as The National Enquirer , Star and Read More
