You betcha.

Perhaps, that’s why he made the trek to NYC earlier this week, as reported by today’s NY Post.

With the economy continuing to suffer and OK’s sales not meeting expectations, Desmond’s patience must be running out.

Desmond originally vowed to spend at least $100 million on the US title before it turned a profit, and by most accounts, the three-year-old magazine has lost that amount since its inception, according to the report.

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There’s been a flurry of news in the celebrity weekly/online space today.

First, OK! Magazine revamped the top of its masthead by bringing in a new EIC, publisher and creative director.

A few hours later, Radar Magazine shut its doors.

And, now we have confirmation that RadarOnline’s website will live to see more than another day thanks to American Media.

So who had the best day?

It goes to David Pecker.

Why?

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Sarah Ivens, who has been running OK! since Richard Desmond launched the American version three years ago, is leaving the mag at Christmas.

She insists that decision was made in June prior to the arrival of Kent Brownridge, the magazine’s new general manager.

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Three celebrity baby covers in a row and it worked for Richard Desmond’s OK magazine.

Jamie Lynn Spears’ baby photos, which reportedly cost OK! 1 million dollars, was the most successful, selling an estimated 750,000 copies on newsstands, according to the New York Post.

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Jessica Alba, baby Honor AND Cash Warren make the cover of Spanish OK!

Why didn’t he make it on the cover here?

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How do you continue to score big photo gets like this Jamie Lynn Spears’ baby pic?

First, you have a wealthy owner by the name of Richard Desmond who is believed to lost well over $100 million since its launch,” according to the New York Post.

And, you increase the cover price. This week, it raised it’s cover price to $3.49 from $2.99.

But the news looks promising for OK!  Why?

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This is the type of cover that scares the sh#t out of the folks at People Magazine.

OK! Magazine scores the pictures that would, in the past, ALWAYS go to People Magazine.

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