- Court Ruling Could Mean Trouble for TiVo
- Another Music Lawsuit, but with an Unexpected Target
- Will Newspaper Readers Pay For Digital Content?
- Is Google Hurting Book Publishers?
- Supreme Court's Ruling A Blow To Big Media
- The "New" Michael Jackson Fortune
- Hollywood Cashing In On Financial Crisis
- GM Gives Hope To Ad Industry
- "Revenge of the Fallen's" Transforming Effect On Viacom, Hasbro And ...GM?
- Time Warner And Comcast Partner To Save Cable
|
CNBC'S MOST SHARED
- A Goldman Trading Scandal?
- Rich People With A Death Wish
- The Threat of Ballooning Pensions
- Lehman CEO: Firm Deserved Bailout or 'Wind Down'
- SEC May Reinstate Rules for Short-Selling Stocks
- Market's Monday Blues
- Is Andy’s Mojo Back? We Asked Him
- Your First Move For Monday July 6th
- China Launches Major Step to Yuan Internationalization
- Hey, What's Up Doc?
- Busch: Summertime Blues Hits Investors
- Chadwick: Recession and Scandals Pave the Way for Romney 2012
- Art Cashin: The S&P's 'Head and Shoulders' Number
- Michael Jackson: Death And Taxes
- Is Andy’s Mojo Back? We Asked Him
- GM A Step Closer To Exiting Bankruptcy
- Schork Oil Outlook: The Fear Trade
- Market's Monday Blues
- Ex-Goldman Programmer Must Post $750,000 Bail
- Farrell: Don't Head For The Exits Yet
- Justice Dept Said to Be Looking At Telecom Giants
- Lehman CEO: Firm Deserved Bailout or 'Wind Down'
- US Service Sector Has Best Showing In Months
- GM A Step Closer To Exiting Bankruptcy
- Tribune, Cubs Deal Agreed In Principle
- Facebook Director Sees 'Billions' in Revenue in 5 Years
- Judge Gives Control of Jackson Estate to Executors

Angelina Jolie and Brad Pitt broke records this weekend, and I'm not talking about the box office. The star-power duo just gave birth to twins, Knox Leon and Vivienne Marcheline, and sold photos of them for $11 million.
An unnamed American publication paid for the pics, and the pay out isn't going into the Jolie-Pitt family's bank account; they're donating it to their favorite charity. While the publishing industry is suffering, the celebrity magazine business is booming. And the hopeful magazine that bought these photos must be counting on quite a boost in circulation--and then ad rates--from its purchase.
The numbers seem shockingly huge, but the multi-million dollar photo deals must be worth it since the magazines keep coming back for more. In 2006, when Brangelina had their last child, Shiloh, People Magazine paid $4.1 million for the U.S. rights and Hello! Magazine paid $3.5 million for the international rights.
And Jolie and Pitt are hardly the only celebrities cashing in. Jennifer Lopez's twins brought in $5 million from People Magazine. Matthew McConaughey got $3 million from OK Magazine for photos of his son Levi). People paid Christina Aguilera $2 million for her son Max's photos. Nicole Richie and Joel Madden were paid $1 million for photos of their daughter Harlow. And even Anna Nicole Smith continues to draw attention--and money--from the grave. OK magazine paid $1.7 million for the first photos of Smith's daughter Danielynn Birhead with her father.
Then there are the celebrities who refuse a payday. Tom Cruise and Katie Holmes reportedly weren't paid a dime for the huge coverstory Vanity Fair ran on them after baby Suri was born. But then if you think about the value Cruise and Holmes derived from the overwhelmingly positive article, the quid pro quo makes sense.
Nicole Kidman is another mega celebrity to give birth. Apparently she and husband Kieth Urban haven't yet decided what to do about the whole "selling celebrity baby photos" issue. We'll be watching, or rather, we'll be reading our celeb magazines. And I suppose, that's what the magazine editors are counting on when they make this kind of absurdly expensive purchase.
Questions? Comments?





