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National Enquirer sold to group that includes indicted ex-MoviePass chairman



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In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois.Scott Olson | Getty ImagesThe National Enquirer, the tabloid at the center of several scandals 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. Vinco owns Lomotif, which it touts as a TikTok competitor.”We look forward to integrating these publications into our business and continuing their legacy of success,” Vinco Executive Chairman Rod Vanderbilt said in a statement.The deal’s price wasn’t disclosed, but Farnsworth, founder of Icon Publishing, told The New York Times that it was a little under $100 million. The National E …

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