American Media, Inc. Finalizes Purchase Of Us Weekly

NEW YORK, April 25, 2017 /PRNewswire/ -- American Media, Inc. (AMI), the leading publisher of celebrity journalism and health and fitness magazines in the United States, today announced that it has closed on its purchase of Us Weekly from Wenner Media.  The closing follows the completion of the federal regulatory review period with AMI having immediate management control of Us Weekly.  Victoria Lasdon Rose will remain Vice President and Chief Revenue Officer for Us Weekly and James Heidenry has been named Editor in Chief.

"The acquisition of a powerful brand like Us Weekly underscores our commitment to an aggressive growth strategy and to delivering advertisers an engaged, passionate audience and star-studded marketing platforms," said AMI CEO and Chairman David J. Pecker. "We are excited to not only welcome Vicci and the rest of the staff joining AMI, but to also ensure that Us Weekly's distinct editorial voice continues to deliver the kind of celebrity news reporting that its millions of readers and business partners know and trust."

"This is an exciting time and I look forward to working closely with David on all the ways we can maintain and build upon Us Weekly's distinctive editorial position and further underscore our place as a premiere resource for marketers to fully leverage our young and affluent audience," said Ms. Rose.  

Founded in 1977, Us Weekly has been a pop culture staple for 40 years and its audience is greater now than at any time in its history.  It ranks as one of the largest magazines in the country with just over 1,950,000 paid copies per week and an online presence of more than 20 million visitors per month and more than 8 million fans and followers across social media platforms.

About American Media, Inc.
American Media, Inc. (AMI) owns and operates the leading print and digital celebrity and active lifestyle media brands in the United States.  AMI's titles include National Enquirer, Star, OK!, Globe, National Examiner, Soap Opera Digest, Men's Fitness, Muscle & Fitness, Flex and Muscle & Fitness Hers.  AMI also manages 10 different digital sites including RadarOnline.com, OKmagazine.com, MensFitness.com and MuscleandFitness.com.  AMI's magazines have a combined total circulation of 2.3+ million and reach more than 39 million men and women each month.  AMI's digital properties reach approximately 40 million unique visitors monthly.

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SOURCE American Media, Inc.