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Year’s Most Doomed Deal: AMI Buying OK! Magazine

2:29AM Hamilton Nolan | Earlier this week, a rumour circulated that Time was considering buying celeb-slobbering money-losing OK! Magazine. Time decided not to. But a fellow money-losing enterprise is, for some reason! More »
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‘Pay No Attention To Us Media Moguls,’ Says Media Mogul

4:40AM Hamilton Nolan | In your packed Thursday media column: Jeff Bewkes hides in plain sight, News Corp’s looking to poach from the NYDN, the decline of the Atlanta Journal-Constitution, AMI’s bankrupt, and Vice comes to MTV. More »
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National Enquirer Publisher Going Bankrupt

2:34AM Hamilton Nolan | American Media, publisher of the National Enquirer and Star, has been working for over a year to wiggle out of its crushing debts without bankruptcy. It didn’t work: The company will be declaring bankruptcy in the next two weeks. [NYP]
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Magazine Publisher Can’t Make Up Its Mind If Jeremy Renner Is Gay Or Not

8:56AM Brian Moylan | Today RadarOnline said Hurt Locker star Jeremy Renner didn’t hit on Jessica Simpson because he has a girlfriend. Last month, the National Enquirer – also owned by AMI! – outed him. Are they trying to have their gay-ke and eat it, too?