Bizwatch, May 20, 1996

SCANDAL SHEET

Having plopped down a reported $20 million only a year ago, Ronald Perelman, chairman of Revlon and New World Communications Group, and David Pecker, CEO of Hachette Filipacchi Magazines, were understandably interested in what their new property, Premiere magazine, had in store for its 600,000-some circulation. But interest quickly turned to interference that has now led to the resignation of two top editors and near rebellion by the staff.

Resentment began with the listing of Perelman's wife Patricia Duff on the magazine's masthead, and grew when staff members were told to use pictures of Revlon execs in a layout....

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