OK! Magazine Is Losing Money Like BP Is Gushing Crude 3.32K Brian Moylan 06/04/10 12:26PM Filed to: Death knells Death knells Keith Kelly New York Post OK! Magazine The great magazine die off Media New York Post media man Keith Kelly crunches the numbers for the American version of British tabloid OK!. It's lost $175.7 million in four years of existence. That's $787,000 an issue. Even the ! in the title is sad.