David Pecker seeks to hide his shame
Published: Thursday, October 25, 2007
American Media CEO Dave Pecker is said to be looking to hook up with Ron Burkle's Source Interlink companies to save his ass. If you haven't heard of David Pecker then look up the word "Incompetent" and you will see a nice picture of the one time tabloid king. Under his leadership American Media has missed financial deadlines and is in the red. Pecker is no doubt praying for a deal to happen with Source Interlink to help hide some of his fuck ups. We only hope a deal doesn't include him still running the show.According to a person with knowledge of the talks, Burkle and American Media CEO David Pecker are discussing a merger that would combine American Media's titles, which include Star, the National Enquirer and Men's Fitness, with Source Interlink's magazine titles, which range from Motor Trend to Soap Opera Digest. This source said both Burkle and Pecker "believe a deal can be done." For Pecker's sake we hope so. No forget that, for the sake of AMI's employees, we hope so. PECKER AIMS FOR A MERGER [NYP] Labels: AMI, DavePecker, Dickhead, Magazine, Mergers, SourceInterlink |



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