Magazine publisher American Media Inc. is deepening its bench of titles, announcing Friday that it reached an agreement to acquire 13 brands, including In Touch, Life & Style and Closer from German-based Bauer Media.
American media will wrap the new titles, including the nine brands that made up Bauer’s teen group, into AMI Entertainment Group, which the company said will reach 38 million readers.
AMI did not disclose the cost of the deal.
AMI, which publishes the National Enquirer, Us Weekly and Men’s Journal, said the acquisition should help grow the company’s monthly digital audience. AMI expects the network to reach more than 60 million unique visitors monthly and more than additional 15 million social media fans and followers.