OK! magazine spent more than $500,000 on the “last” picture of Michael Jackson on a stretcher and possibly dead — but was it worth it? Our well-placed source says some staffers objected to owner Richard Desmond’s decision to put the ghoulish picture on this week’s cover — and it looks like advertisers and readers may agree. The source told us, “Media buyers have canceled upcoming meetings to discuss rates. It’s a disgrace. They’ve sunk to a new low.” In addition, Sean Combs and Jay-Z are said to be so furious, “they’re organizing a boycott,” according to our source. A rep for OK! said, “This is untrue. No one at OK! has been contacted about any such cancellations as a result of the magazine’s coverage of this news event. Any pages booked by the advertising team are running as scheduled.” Combs’ rep echoed, “Not true.” Jay-Z’s rep didn’t return calls. [NY POST]
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Do you think the media is too harsh on Michael Phelps' controversial pot smoking photo?
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It just goes to show that money mongers are alive and well...