2. Amazon CEO Jeff Bezos, who possesses The Washington Post, claimed the Enquirer endeavored to coerce and blackmail him
AMI said it did nothing unlawful except for would research the issue. Government examiners are investigating the newspaper’s treatment of a story in regards to Bezos’ undertaking.
AMI has additionally been sued for purportedly paying previous Playboy model Karen McDougal for the rights to her tale about an undertaking with President Donald Trump, just to conceal it from production. McDougal has been discharged from her $150,000 contract with American Media.
AMI is constrained by Chatham Asset Management. The Post announced that reserve director Anthony Melchiorre influenced AMI to sell in the midst of its budgetary battles and his objection to the charges against the Enquirer. Chatham declined to remark to the Post. Melchiorre didn’t react to the Post’s solicitation for input.
The organization recently petitioned for Chapter 11 liquidation insurance in 2010. Debtwire later detailed that AMI looked for $425 million from capital market financial specialists. The media organization recently offered Shape to Meredith for $79 million. The returns of that arrangement were relied upon to square away AMI’s obligation.