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National Enquirer Owner Merging With Wholesaler, David Pecker to Step Aside

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

American Media Inc., the parent company of tabloid The National Enquirer and celebrity magazine US Weekly, will merge with a wholesale distribution and logistics company called Accelerate360.

As part of the merger, American Media CEO David Pecker will step aside, shifting to a role as an executive adviser to the newly-renamed company, A360 Media.

Chris Scardino, an 18-year veteran of American Media, will become A360 Media's president. Accelerate is in the logistics, marketing, merchandising and sales business, and in response to the novel coronavirus pandemic has increased its sales and distribution of personal protective equipment (PPE) such as KN95 masks, surgical masks, disinfectant wipes and hand sanitizer.

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