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Search resuls for: "National Examiner"


4 mentions found


☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
  + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com   time to read: +22 min
At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."
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☆ National Enquirer to Be Sold to Group Including Former MoviePass Executive
  + stars: | 2023-02-06 | by ( Joseph De Avila | ) www.wsj.com   time to read: 1 min
Financial terms of the sale of the National Enquirer weren’t disclosed. The National Enquirer, the scandal-plagued supermarket tabloid that facilitated a hush-money scheme involving former President Trump, is being sold to a joint venture run by two digital-media companies. VVIP Ventures, owned by Vinco Ventures Inc. and Icon Publishing, has agreed to purchase both the U.K. and U.S. version of the supermarket tabloid from magazine publisher a360 Media, the companies said Monday. The purchase also includes the National Examiner and the Globe.
☆ National Enquirer sold to group that includes indicted ex-MoviePass chairman
  + stars: | 2023-02-06 | by ( Mike Calia | ) www.cnbc.com   time to read: +1 min
In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois. The National Enquirer, the tabloid at the center of many controveries involving former President Donald Trump, will be sold to a joint venture involving Theodore Farnsworth, the former MoviePass chairman 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 the National Examiner, the Globe and the National Enquirer UK – to VVIP Ventures, a joint venture made up of Vinco Ventures and Icon Publishing, the companies said Monday. The deal's price wasn't disclosed, but Farnsworth, the founder of Icon Publishing, told The New York Times that it was a little under $100 million. The National Enquirer has been on the block for about four years.
☆ National Enquirer has finally been sold after seeking a buyer for years
  + stars: | 2023-02-06 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —National Enquirer, the 97-year-old controversial tabloid behind several bombshell celebrity and political scandals, sold itself to a brand acquisition company. American Media Inc. has offloaded the publication to VVIP Ventures, a joint venture between Vinco Ventures, Inc and a360 Media, for an undisclosed price, the companies announced Monday. National Examiner and Globe, as well as the UK edition of Enquirer, are also part of the sale. Bezos wrote a Medium post that included what he said were emails from AMI detailing what he described as blackmail. AMI also owns Us Weekly, OK, Star, In Touch, Men’s Journal, and Muscle & Fitness, but those magazines are not part of the deal with VVIP Ventures.
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