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American Media history
American Media company history timeline
In 1957, the paper was renamed the National Enquirer.
1966 The Enquirer has weekly sales of one million copies.
1974 Annual revenues reach $41 million in a sales boom.
1978 The Enquirer's circulation reaches 5.7 million copies.
In 1982, Pope raised the Enquirer's cover price by 20 cents, to 65 cents an issue.
By 1984, Australian media mogul Rupert Murdoch introduced the Star, a four-color gossip sheet, to take advantage of consumer desire for naughty news.
1989 GP Group Acquisition LP buys Pope's business for $413 million following his death.
1991 The Enquirer/Star Group, Inc., holding company is formed and soon goes public.
Net income grew by 15 percent to $19.4 million in 1993.
The acquisition helped lift AMI's revenues from $315 million $515 million in fiscal 2004.
Pecker told Business Week the company was expecting revenues of $560 million for 2006.
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American Media competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ViacomCBS | 2019 | $14.5B | 12,700 | - |
| HBO | 1972 | $5.9B | 2,050 | - |
| Newsweek | 1933 | $44.4M | 350 | 12 |
| Entertainment Weekly | 1990 | $12.0M | 172 | - |
| Getty Images | 1995 | - | 1,700 | 1 |
| McClatchy | 1857 | $709.5M | 2,800 | 65 |
| Rodale | 1930 | $435.6M | 1,200 | - |
| People Magazine People.com | 1974 | $3.1B | 450 | - |
| Crain Communications | 1916 | $250.0M | 1,045 | 26 |
| Lebhar-Friedman | 1925 | $17.0M | 200 | - |
American Media history FAQs
Zippia gives an in-depth look into the details of American Media, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Media. The employee data is based on information from people who have self-reported their past or current employments at American Media. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Media. The data presented on this page does not represent the view of American Media and its employees or that of Zippia.
American Media may also be known as or be related to AMERICAN INDEPENDENT MEDIA, AMERICAN MEDIA INC, American Media, American Media Inc. and American Media, Inc.