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Home > Company Index > Media > Publishing - Periodicals > American Media, Inc.
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American Media, Inc. |
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NEWS FROM THE STANDARD |
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El Sitio Announces Pre-Merger Layoffs
Feb 02 2001 03:28 PM PST
FLASH! Net Ignores Steamy Rumor
Dec 28 1999 12:00 AM PST
PROFILE |
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Elvis has left the newspaper! American Media, the nation's top publisher of tabloid newspapers, is revamping its leading publications ("National Enquirer" and "Star") to focus more on hard-news and reputable celebrity coverage. It also publishes "The Globe, National Examiner, Weekly World News," and "Country Weekly." The company hopes its move toward respectability will help reverse the falling circulation of its tabloids. American Media also operates Distribution Services, which places the periodicals in supermarkets throughout the US and Canada. About 85% of the company's revenues are from circulation; advertising accounts for the rest. Investment firm Evercore Partners owns American Media.
COMPETITION |
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The News Corporation Limited (NWS)
PRIMEDIA, Inc. (PRM)
Time Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 325.20
1-Yr. Sales Growth: 10.8%
Employees: 1,955
Revenue per employee: $166,342.71
KEY PEOPLE |
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David J. Pecker
CEO
John Miley
CFO
CONTACT INFO |
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5401 NW Broken Sound Blvd.
Boca Raton, FL 33487
US
Phone: 561-997-7733
Fax: -
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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