We’re wondering what Jann Wenner’s reaction was when he found out last week’s Us Weekly – the Jason Priestley cover – moved only 700,000 copies, or fewer than Star, Life & Style, and even OK!. Says one industry source: “This is the first time this has ever happened.”

The breakdown from last week’s issues:

People, 1.5 million (Lindsay)
In Touch, 1.45 million (Brad & Angelina split)
Life & Style, 850k (Angelina & Brad)
OK!, 800k (Britney meltdown)
Star, 710k (Nicole & Joel)
Us Weekly, 700k (Jason Priestley, sexy dads)

At this point, someone might want to sign whatever contract is lying around.

Update: Perhaps Janice isn’t to blame for the Jason Priestley cover. An industry veteran tells us Jann Wenner is BFFs with Jason (which explains how Us landed his first post-race-car-crash interview), and last week’s issue with Priestley on the cover is likely a “Wenner Special.”

Original post by Perez Hilton and software by Elliott Back