Summary
FELIX Dennis, the magazine magnate behind Maxim, Viz (which made the Fat Slags, above, famous) and The Week, took a Pounds 100,000 paycut from the business he owns - but still managed to reward himself a whopping Pounds 951,187 in royalty payments, writes Rupert Steiner.
Accounts filed at Companies House show profits continued to rise from Pounds 360,619 in 2005 to Pounds 2.06m on flat sales of Pounds 60.2m. The highest paid director, thought to be Dennis, took a cut from Pounds 349,652 in 2005 to Pounds 235,917 in 2006.See the full content of this document
Extract
Slimmer Pay Cheque for Felix
He took full c...
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