OK! says Jason Oliver Nixon, the former Gotham editor, is indeed joining the celebrity weekly, as we'd heard. But instead of lording over editor-in-chief Katie Caperton, he'll be "consulting" for her as an underling.

We hear OK! Magazine has laid off creative director Sean Bumgarner, #3 on its masthead. This follows a weekend full of shakeups. What is going on over there? Grasping desperately at shrinking market share, probably!

We hear Jason Oliver Nixon, once editor of Gotham, will oversee OK!'s editor in chief Katie Caperton, the former copy editor who recently became the magazine's third editor in eight months.

OK! Magazine is not doing so hot. On Friday, a consultant demanded staffers complete a ridiculous evaluation prior to their Tuesday appointment with Dr. Pink Slip. But have they done so?

OK! Magazine has had some issues with Photoshop on their cover before. This week, they show how amputating a leg may be the easiest and fastest way to lose 90 pounds. Diet secrets revealed, indeed.

OK! magazine's UK edition caught some flack from sticklers this week who objected to its "In Loving Memory" issue for someone who is, technically, alive. But no worries, her family is "OK!" with it, ha:

British former reality TV star and current terminal cancer patient Jade Goody is a national obsession. She will die soon. But not soon enough for OK! magazine.

OK!'s cover this week shows Suri Cruise and Shiloh Jolie-Pitt on an adorable playdate! Now, let's look at the two separate photos they stitched together to create this Frankenstein-like Photoshop:

This morning's report of the whole old guard Rob Shuter's return to OK! was wrong (though maybe just premature). He hasn't been hired back. Read on for where things stand now.

General manager Kent Brownridge is following editor Susan Toepfer out the door at celebrity magazine OK!. The publication's overlords are bringing back the old guard — including former celebrity flack Rob Shuter.

Celebrity-friendly photo-heavy gossip rag OK! just can't find any stability in this cold world! Its latest editor has been fired, just months after taking over. (Updated below)

Magazines! Nightclub appearances! The once easy-access revenue stream for desperate celebrities is swiftly drying up in the shadow of this New Depression.

Internal drama at baby picture factory OK! magazine? You don't say! Richard Desmond, the crappy celebrity mag's billionaire owner, brought in former Wenner Media exec Kent Brownridge to be GM of the American version of OK! just a couple of months ago. But apparently Brownridge hasn't been able to make any money yet,…

Just because we're in the midst of the Great Magazine Die-Off and print media in general is having its worst month in the past 20 years is no reason to force editors into less-than-grand offices! We hear that Kent Brownridge, the new general manager of OK! magazine, is "having a wall removed" and combining two offices…

Perhaps the recent rumors about editor-from-hell Bonnie Fuller helming celebrity weekly OK! were a clever way of ensuring a warm staff welcome for the real editor-in-chief and publisher, both set for announcement tomorrow. They are former Quick & Simple EIC Susan Toepfer and Niche Media senior VP Lori Burgess,…

The last time we checked in with Bonnie Fuller, in August, the ex-Us Weekly editor was seeking "partners, financing and advertiser support" for a website aimed at women 20-40. That can't be going well right about now. Which might explain how OK! magazine could afford to bring on Fuller as a consultant, as CoverAwards is…

Beloved child actress Lindsay Lohan's shocking "I'm Gay!" cover has hit newsstands! And it is truly shocking. The word "gay" is nowhere to be found?! It's all "Love" and "Wedding Plans" and "In Other Old News, Oy That Is A Remarkable Rack." But everyone knows the correct way to reveal one's gayness on a magazine cover…

As if celebrity babies didn't face enough perils — paparazzi, feuding celebrity parents, ill-advised playdates with Michael Jackson — they now have to keep a weary little eye on the stock market. Because amid Wall Street meltdown and the worst advertising decline in seven years rumors are now swirling that the …

Kent Brownridge, former deputy to magazine mogul Jann Wenner and recent overlord to Maxim and Blender, is now general manager of the U.S. edition of free-spending celebrity weekly OK!. It seems that between billionaire owner Richard Desmond supplying famous-baby-photo cash and editors Sarah Ivens and the creepy Rob…

America's celebrity magazines are facing a grave situation: the interest in celebrities themselves is not great enough to move the millions of copies they need to sell. No, all that people really want to see are celebrity babies. That's where the money is these days. But the vital open flow of capital in our national…