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Bonnie Fuller Can Never Get Enough Money [Millionaires]
Published 7/1/2008 by Hamilton Nolan at Gawker
... from her job as editorial chief of American Media. But the company gave her $2.4 million in fiscal year 08, which is 50% more than even CEO David Pecker got. And AMI, which is facing some serious financial challenges of its own, was planning a $2 million severance package for her if she left by the end of March (since she didn't, they haven't revealed her actual severance—but it's surely in that ballpark). Fuller's rich, but she's still a well-known neurotic about money issues, dating back to her own mother's rough period of being broke after a divorce. ...

Jann Wenner Stands By His Loser
Published 7/1/2008 by Jossip at Jossip
... Wenner is willing to unload the tabloid, and Men’s Fitness, but reportedly wants to hang on to Rolling Stone, an ailing music title with declining circulation and ad pages. Nevermind that trying to sell Us for a rumored $750 million might be a little difficult in the middle of this credit crunch. And the fact that purported buyers, like the oh-so-reputable Conde Nast, would also find itself defending its sometimes-invented cover stories each week. [WWD] ...

Emasculating Pay Stubs
Published 7/1/2008 by Jossip at Jossip
... You’ll have to wait ANOTHER FULL QUARTER!!! to learn whether Bonnie Fuller, having left AMI as editorial director, earned the $2 million severance package she was gonna get if she left the company in March, since she stayed until May. In the meantime, know this: Fuller was on track to earn $2.4 million in 2008, up from $2.1 million in 2007 — both more than David Pecker’s paycheck of $1.6 million in ‘08. [WWD] ...

"Rolling Stone" Finally Embraces Rush [Rock-critically Correct]
Published 7/2/2008 by Anono-Critic at Idolator
... (BTW: This week, a sale of Wenner's Us Magazine to Condé Nast was mooted; the consensus opinion seems to be that he's mystified by that mag's game-changing success and doesn't have much interest in the celebrity culture upon which it feeds. But it's clear that Wenner'd sooner a bear gnaw off one of his feet than part with Rolling Stone, what with it being the instrument with which he administers tongue baths to his longtime heroes and new crushes.) ...