A360 Media

American Media will be combined with Accelerate360 LLC, a logistics company, and be renamed A360 Media, according to a statement Friday August 20 2020. David Pecker, who was president and chief executive officer, will stay on as an executive advisor. A360 Media will focus on its portfolio of celebrity magazines, such as Us Weekly, OK! and Life & Style. The company agreed to sell the National Enquirer to Hudson Media last year, though the parties haven’t announced a completion of that deal. Hedge fund Chatham Asset Management is the principal owner of American Media, as well as a backer of Accelerate360. A360 Media plans to keep its headquarters in New York, but some operations will relocate to Accelerate’s base in Georgia.