AMERICAN MEDIA’S BIG FINANCIAL CRISIS! David Pecker in Tears?
David Pecker is NOT Smiling this Morning!
American Media is reportedly near broke reports the New York Post.
“The publisher of Star Magazine and The National Enquirer faces an insurmountable cash crunch next February unless it re-negoitates $415 million worth of junk bonds.”
This news might explain why Bonnie Fuller and her multi-million dollar salary was cut.
This might also explain why publishers may begin receiving hundreds of resumes from AMI headquarters.
Posted by: Mark Pasetsky
