The controversial newspaper has been besieged by legal problems, and is also experiencing financial difficulties. : The controversial newspaper has been besieged by legal problems, and is also experiencing financial difficulties. American Media Inc. is seeking to sell off the National Enquirer, according to three people familiar with the process who asked not to be named because they were not authorized to speak publicly. The decision to sell came after the hedge fund manager whose firm controls AMI became “disgusted” with the Enquirer’s reporting tactics, according to one of these people.