View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. Archive content
March 17, 2005updated 22 Nov 2022 2:46pm

Desmond’s American OK! faces million-dollar costs

By Press Gazette

By Alyson Fixter and Jeffrey Blyth in New York

Richard Desmond, who is currently trying to launch an American
version of OK! magazine, has been hit with estimated costs of a million
dollars after he tried to poach the editor of a rival title for the
project.

British journalist Nicola McCarthy – who previously edited OK! in
London – has been blocked by a New York judge from taking up her role
at Desmond’s new venture until she completes her contract at
competitior Us Weekly.

Us publisher Jan Wenner orginally claimed
damages of $5m from Desmond’s publishing company Northern & Shell,
but has settled for an undisclosed six-figure sum to cover the expense
of recruiting McCarthy and moving her to the US for the role.

Combined
with legal fees, expenses and a trip to New York for the hearing, it is
thought Desmond’s total bill has reached close to a million dollars.

Desmond
reportedly offered Mc- Carthy $500,000 dollars a year (around £260,000
pa) to become editor of American OK!, compared with her $240,000 annual
salary at Us.

A spokeswoman for Northern & Shell said that
plans to launch American OK! in autumn this year, with McCarthy as
editor, were going ahead, but would not comment further.

Content from our partners
Free journalism awards for journalists under 30: Deadline today
MHP Group's 30 To Watch awards for young journalists open for entries
How PA Media is helping newspapers make the digital transition

It is
not clear whether McCarthy will remain in New York to prepare for the
OK! launch until her contract with Wenner expires, or will return to
London temporarily.

A spokesman for Wenner said: “The only reason we did this [suit] was to defend our employment agreements with our workforce.”

He added, “If we let this go, our relationship with our workforce would have been in jeopardy.”

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly does of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network