During his testimony, AMI CEO David Pecker shed light on why his company, the parent company of the National Enquirer, decided against paying $120,000 for Stormy Daniels' story. Pecker explained that he did not want the National Enquirer to be associated with a porn star, citing concerns about the magazine's distribution through Walmart.
Pecker emphasized that having the National Enquirer linked to a porn star could have negative repercussions, especially with Walmart being a major distributor of the publication. He expressed his belief that such an association would be detrimental to AMI's reputation and business interests.
When questioned about why he forwarded Daniels' story to Michael Cohen, Pecker revealed that he viewed the story as potentially damaging and sought to prevent it from being made public. He stated that he believed the story should be kept off the market and suggested that if anyone were to acquire it, it should be Michael Cohen and Donald Trump.
Pecker's testimony provides insight into the decision-making process at AMI and sheds light on the company's considerations regarding the Stormy Daniels story. His statements offer a glimpse into the internal discussions and strategic thinking that influenced AMI's handling of the situation.