Fuller signs on for another, richer, tour

Bonnie Fuller, the celebrity-magazine editor has renewed her contract as editorial director for American Media for three years. According to the New York Times, she signed the new deal on Friday and is to receive the same $1.5 million annual base salary as in her current three-year contract, but more in bonuses over the next three years than she did in the previous three.

"Under her old contract, she earned an average bonus of $275,000 a year, based on the performance of Star, the tabloid turned glossy magazine that she oversees, bringing her average annual pay to $1.775 million, " said the Times. "This time, she is guaranteed an annual bonus of at least $500,000, based on the performance of Star, for a guaranteed minimum of $2 million."

So speculation (see earlier item here) was just that. Apparently the wunderkind has been able to increase her package even as circulation falls.