Hooker Says Time Inc. CFO Was Her ‘Sugar Daddy’

It’s hot, sweaty, a prelude to New York’s summer funk. And a prelude to this gossip item — courtesy of the New York Post — as it is, too, hot, sweaty, funky:

June 17, 2006 — An alleged high-end madam made bombshell claims yesterday that Time Warner’s top financial officer was her “sugar daddy” — showering her with gifts, clothes, cash and even helping her buy an apartment during a four-year “relationship.” “I liked him very much,” Brazilian babe Andrea Schwartz said of Wayne Pace, who made $3.7 million last year as chief financial officer of the company that owns CNN, Time Warner cable, People magazine and a slew of other top-flight media properties.

Schwartz, who gave the interview from Riker’s Island, says she met Pace at The Fours Seasons in “2001 or 2002,” and that he eventually bought a Chelsea apartment for her and her then-husband.

I’M DOING ‘TIME’: SEX BABE [NYP]

MEDIABISTRO EVENTS

Get Social Media Marketing Secrets from Experts

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.