Did Mottola Pay $300G For Wife’s Magazine?

Roger Friedman of FoxNews.com reports Tommy Mottola is ponying up $300,000 for three issues of a magazine all about his wife Thalia. Mottola is underwriting half the budget – a total of $600,000 will be spent – at American Media group. Mottola, through his assistant, said, “That’s a months-old rumor and it isn’t true.” American Media’s David Pecker, however, confirmed the whole thing to Friedman on Monday. Read more.