ExtractedValue
HomeIndustriesGuideNewsletter
EXTRACTEDVALUE

Track how private equity impacts your favorite brands. Get alerts when companies you care about are acquired.

Explore

  • About
  • Methodology
  • Newsletter

Legal

  • Privacy
  • Terms

© 2026 Extracted Value. All rights reserved.

Shining a light on PE ownership.

← Back to Search
NA

National Enquirer

media
PE-OWNED

Tabloid newspaper known for celebrity gossip and sensational news coverage.

PE-OWNED

Acquired by Chatham Asset Management2019-04-18

View PE Firm Profile

What Made It Great

“

Popular tabloid with strong newsstand sales and celebrity story exclusives

What PE Will Likely Do

Predictions

Significant layoffs in the National Enquirer's editorial staff, reducing the ability to conduct in-depth investigations and obtain exclusive celebrity scoops

HIGH LIKELIHOODBased on: Chatham Asset Management's track record of cost-cutting and workforce reduction strategies in their acquisitions

Consolidation of the National Enquirer's newsroom with other Chatham-owned media outlets, leading to a homogenization of content and a loss of the Enquirer's distinct voice and style

HIGH LIKELIHOODBased on: The industry playbook for private equity firms in the media sector, which typically involves reducing editorial staff, consolidating content, and implementing paywalls or subscription models

Implementation of a paywall or increased subscription requirements, making it more difficult for casual readers to access the National Enquirer's content

HIGH LIKELIHOODBased on: The National Enquirer's reliance on exclusive celebrity stories and sensational news coverage as its core value proposition, which could be significantly impacted by the loss of investigative resources and editorial talent

Reduction in the print frequency of the National Enquirer, potentially leading to the elimination of the print edition altogether

HIGH LIKELIHOODBased on: The National Enquirer's reliance on exclusive celebrity stories and sensational news coverage as its core value proposition, which could be significantly impacted by the loss of investigative resources and editorial talent

Cutbacks in the National Enquirer's investigative journalism team, resulting in a decline in the publication's ability to uncover and report on high-profile scandals and controversies

HIGH LIKELIHOODBased on: The National Enquirer's reliance on exclusive celebrity stories and sensational news coverage as its core value proposition, which could be significantly impacted by the loss of investigative resources and editorial talent

Expected Timeline

Phases
0-6 monthsCompleted

“0 to 6 months months”

Acquisition announced, promises of 'investment' made, but initial round of layoffs in the editorial staff

6-12 monthsYOU ARE HERE

“6 to 12 months months”

Print schedule reduced, more content cuts implemented, paywall or subscription requirements introduced

12-24 months

“12 to 24 months months”

Quality of the National Enquirer's content noticeably declines, with fewer exclusive stories and a perceived loss of the publication's signature sensationalism and tabloid flair, leading to increased reader complaints and erosion of the brand's market presence

Similar Cases

Other companies that followed a similar path after PE acquisition

Operating

Sports Illustrated

Authentic Brands Group·2019

See full case study
Operating

McClatchy Newspapers

Chatham Asset Management·2020

See full case study
Operating

Denver Post

Alden Global Capital·2018

See full case study
Operating

Chicago Tribune

Alden Global Capital·2021

See full case study
Operating

Baltimore Sun

Alden Global Capital·2021

See full case study

What You Can Do

Take Action

Actions

  • Be prepared for a decline in the quality and exclusivity of the National Enquirer's content, as well as potential changes to the publication's accessibility and pricing

  • Consider seeking out alternative sources of celebrity news and tabloid-style content if the National Enquirer's offerings become less compelling or less accessible

  • Stay informed about any further changes to the National Enquirer's editorial and business practices, and be ready to voice concerns or switch to other media outlets if the publication's quality continues to deteriorate

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

Share this company's PE status
Twitter/XFacebookLinkedIn

"National Enquirer is now PE-owned. Here's what that means for you."