Even celebrity magazines are hurting in this recession. According to news reports on Gawker and other websites, Katie Caperton, the former copy editor who recently became the magazine’s 3rd editor in 8 months, has been let go from OK! Magazine along with senior staff including the managing editor, the food and health editor, a staff writer and entertainment editor Delaina Dixon. Rumors are also swirling that publisher Lori Burgess plans to name editorial consultant Jason Oliver Nixon as the new editor-in-chief.

Editor-in-Chief Nikki Finke - tip her here.

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