Are the tabloids in a death spiral?

This week's offerings certainly make it seem that way. They are losing readers, losing money, and long ago lost whatever slender shred of credibility they may once have had.

American Media Inc, owner of a stable of publications including the 'National Enquirer,' 'Globe,' 'Star' and 'Us Weekly,' has around $400 million in debt, and in June agreed a deal with lenders to skip interest payments until 2023. — Read the rest



from Boing Boing https://ift.tt/3mp2KWt
via IFTTT
Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment