Report: Jared Kushner Trying to Sell NY Observer

Jared Kushner is looking to sell his media company the New York Observer, WWD reports. As Donald Trump’s son-in-law and informal adviser, Kushner is reportedly eyeing a move to D.C. with his wife Ivanka, and may be looking to leave the publication behind him in New York. WWD reports that Kushner might be in talks to sell the publication to American Media Inc., the parent company of the National Enquirer; AMI did not comment on the rumors. The company has a close relationship with Donald Trump, and was one of few newspapers to endorse his presidential bid. A spokesperson for the Observer refused to confirm or deny WWD’s report. In a later statement to CNN's Dylan Byers, the Observer denied that it was for sale. "While Observer is not for sale… we are constantly being approached by potential investors and partners," the company said.

Kushner bought the publication in 2006, when it was a weekly print newspaper. In the years since Kushner’s purchase, the Observer saw frequent overturns in editorial leadership and format, and recently stopped printing. It still exists as a website.