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Handling Pecker Key For Bonnie

  • WWD, Wednesday, June 14, 2006 11:15 AM
Bonnie Fuller may be headed for a pay cut when her contract with American Media expires at the end of the month, reports WWD. Negotiations are underway, but anonymous sources say that AMI chairman David Pecker won't go for an extension of her current deal--a $1.5 million salary, plus bonuses, depending on newsstand sales of the company's Star and other supermarket tabloids. She pulled in just under $75,000 in bonuses last year and "the trend in Star's single-copy sales suggests she won't be earning much in incentives for 2006, either." Most of Star's May and June issues sold fewer than 700,000 copies--down from more than 860,000 in the second half of 2005. One insider says Pecker wants to chop her compensation in half: "David is really under pressure to cut costs. He's not going to renew her contract for the amount of money she's getting now." But "an associate" of Fuller's doubts that will be enough to keep her in place.

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