Exhibit 10.26

AMERICAN MEDIA, INC.

EBITDA INCENTIVE PLAN

FY 2008

Michael Porche



|I. | General
|-- | -------



| | A. | Only employees of American Media, Inc. (the Company) or its subsidiaries who are selected by the Chairman/CEO (the Administrator) shall be eligible to
participate in the Plan.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | B. | The plan year shall be the Companys fiscal year.
| | -- | -------------------------------------------------



|II. | Target Incentive
|--- | ----------------

Each participant will have
an individualized determined salary base and target incentive that is keyed to achieving the EBITDA target of the DSIs.



|III. | Payout for Achieving Profit Target
|---- | ----------------------------------



| | A. | Achieving 100% of DSIs EBITDA target will earn 100% of target incentive.
| | -- | -------------------------------------------------------------------------



| | B. | If applicable, achieving more than 100% of EBITDA target will earn the percentage of the target incentive specified on the participants Statement.
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------



| | C. | Achieving less than 100% of the applicable target will earn a reduced amount of the target incentive calculated as follows: If actual EBITDA is between 95% and 100% of targeted
EBITDA a payment of 95% of target incentive will be made. No incentive payment will be made if less than 95% of the applicable target is achieved.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|IV. | Calculating EBITDA
|--- | ------------------



| | A. | EBITDA as used in this Plan shall be based on the attached (Attachment B) Income Statement for FY07 (in accordance with the Companys accounting practices and
polices and GAAP.
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|V. | Administration
|-- | --------------



| | A. | Payment will be made once per year, approximately 90 days after the Fiscal Year Close.
| | -- | --------------------------------------------------------------------------------------



| | B. | Participants must be on payroll as of the last day of the Companys fiscal year to be eligible for payment of that years incentive.
| | -- | ------------------------------------------------------------------------------------------------------------------------------------



| | C. | Participation in this Plan does not constitute any form of guarantee of employment.
| | -- | -----------------------------------------------------------------------------------



|*** | Selected confidential information has been omitted from this Exhibit 10.26 pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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American Media, Inc.

EBITDA Incentive Plan

Fiscal 2008



|                     |  |                |  | 
|-------------------- |  | -------------- |  | 
|American Media, Inc. |  |                |  | 
|                     |  |               
|Name:                |  | Michael Porche |  | 



|                 |  |       |  |                          |  |   |          
|---------------- |  | ----- |  | ------------------------ |  | - | ---------
|EBITDA Target    |  | DSI   |  |                          |  | $ | ***      
|                 |  |       |  |                          |  |   |          
|                 |  |       |  |                          |  |   |          
|                 |  |       |  |                          |  |   |          
|                 |  | Total |  |                          |  | $ | ***      
|                 |  |       |  |                          |  |   |          
|Target Incentive |  |       |  | At 100% of EBITDA Target |  | $ | 87,500.00

Revenue is based on theON SALErevenue recognition policy.

EBITDA Less than Applicable EBITDA Target:

If actual
EBITDA is between 95% - 100% of the EBITDA target, Executive will receive 95% of the target incentive. No payment will be made under this plan if Actual EBITDA is less than 95% of the total Targeted EBITDA.



|                    |  |  |  |                    |  |       
|------------------- |  |  |  | ------------------ |  | ------
|/s/ Daniel Rotstein |  |  |  | /s/ Michael Porche |  | 9/5/07
|Daniel Rotstein     |  |  |  | Michael Porche     |  |       



|*** | Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------



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American Media, Inc.

EBITDA Incentive Plan

Fiscal 2008 - Worse Than Target



|                 |  |                |  |  |  | 
|---------------- |  | -------------- |  |  |  | 
|Name:            |  | Michael Porche |  |  |  | 
|TARGET INCENTIVE |  | $ 87,500       |  |  |  | 



|                 |  |                                       |  |   |       
|---------------- |  | ------------------------------------- |  | - | ------
|Example #1       |  | Profits at 95% of EBITDA Target or    |  | $ | ***   
|TARGET INCENTIVE |  | @    95%                              |  | $ | 83,125
|                 |  |                                      
|Example #2       |  | Profits below 95% of EBITDA Target or |  | $ | ***   
|TARGET INCENTIVE |  | @    0%                               |  | $ |      



|*** | Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------





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Attachment B

AMERICAN MEDIA OPERATIONS, INC.

DISTRIBUTION SERVICES

2007 FULL YEAR

INCOME STATEMENT

This entire chart has been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.