06/04/2010 02:10 pm ET | Updated May 25, 2011

OK! Magazine Lost Over $175 Million In 4 Years

The latest numbers on celebrity glossy OK! magazine appear to leave little doubt that it qualifies as the most expensive magazine launch in the history of American publishing -- with total losses in the first four-plus years now totaling a staggering $175.7 million.

With 223 issues under its belt from its August 2005 debut through 2009, that comes out to a jaw-dropping $787,000 per issue.

Read more on New York Post