In a recent legal proceeding, David Pecker, the former CEO of American Media, confirmed that the primary purpose of entering into an agreement with Karen McDougal was to acquire her life rights. This revelation came to light during questioning by Steinglass, where Pecker acknowledged that the agreement was indeed intended for this purpose.
Pecker further elaborated that the inclusion of other items in the agreement was aimed at substantiating the $150,000 payment made to McDougal. He stated that he wanted the contract to serve as a record of the services McDougal was expected to perform for American Media, with the payment amount as a basis for these services.
Moreover, Pecker highlighted that the agreement also contained provisions for recourse in case McDougal breached the contract. Specifically, if McDougal failed to fulfill her obligations, she would be required to return the $150,000 payment.
These revelations shed light on the intricacies of the agreement between Pecker and McDougal, showcasing the underlying motivations and intentions behind the contractual arrangement. The confirmation by Pecker regarding the true purpose of the agreement provides valuable insights into the nature of the transaction and the expectations set forth by the parties involved.
