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David Pecker, the longtime publisher of the tabloid National Enquirer, is leaving the role as part of a deal unveiled Friday in which the paper’s parent company American Media LLC said it was merging with Accelerate, a national wholesale distribution company.

Pecker, the longtime, often controversial president and CEO of Enquirer parent American Media, will become an executive adviser to the new combined company, which will be known as A360. Chris Scardino, previously EVP and Group Publisher and an 18-year veteran of American Media, becomes president.

“This is a transformative event that significantly reshapes Accelerate and American Media into a new type of media and marketing company with an unprecedented reach all the way to the sales floor,” Accelerate CEO David Parry said in a release announcing the news.

This move comes over a year after it was announced the scandal hobbled Enquirer was to be sold to a...

David Pecker is out as the CEO and President of American Media, the owner of tabloids like the National Enquirer, as part of a merger between Ami and the wholesale distributor Accelerate, the company announced on Friday.

Pecker will move to a new advisory role, effective immediately, for the reconfigured Ami, which has now been renamed A360 Media. Chris Scardino, the former executive vice president and group publisher of American Media, has been named the president of A360 Media.

Also Read: National Enquirer Owner Ami Applies for Small Business Loan From Trump Administration

“This is a transformative event that significantly reshapes Accelerate and American Media into a new type of media and marketing company with an unprecedented reach all the way to the sales floor,” Accelerate CEO David Parry said in a statement.

Pecker has faced scrutiny for his close ties with Donald Trump and the role he played in determining coverage of Trump,...

With a No 1 album on both sides of the Atlantic, Arcade Fire are on the verge of U2-scale stardom. But, ever the provocateurs, they are fairly nonplussed by the prospect

The other day, Win Butler and Régine Chassagne of Arcade Fire were redecorating their home in Montreal and listening to In Utero, the album Nirvana recorded amid the vertigo induced by sudden and confounding success. They got to thinking about how they were now headlining some of the same huge venues that Nirvana played after Nevermind, which Chassagne finds a "head trip".

"There's definitely three songs on In Utero that are like, 'Hey jocks! Stop listening to our music! Go away!'" Butler says.

Does he ever feel like that?

"Yeah, of course. You want to be able to relate to what you're doing. But," he says with a tentative smile, "so far, so good."

Arcade Fire haven't yet...