OK! Continues Its Reign as a Bootleg People

It totally sucks right now to be OK!.

Not only is the magazine battling its competitors for the best Teen Mom cover, but according to New York Post, it’s losing a reported $700,000 a week and missing its rate base. And, in the biggest shocker, that Hillary Duff wedding exclusive completely tanked on the newsstand.

Keith Kelly reports:

“Richard Desmond, the chairman of the magazine’s London parent company, Northern + Shell, is said to be growing impatient with editor Mark Pasetsky. And it did not help that the five-year anniversary bash in Los Angeles last week did not exactly attract an A-list crowd. Desmond, who flew in from London, had expected to rub elbows with the beautiful people.”

You mean a Step Up: 3D actress and C-list reality stars don’t count?

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