Rumored: Angelina Jolie’s Are Worth $10M?

These days, having a baby (and selling out exclusive rights to his or her first-ever photos) has turned into a very profitable business for the big Hollywood stars – and not only. The growing celebrity baby photos industry is currently seen as a profitable market, with more and more pregnant ladies out there set to try and take it by storm – with breathtaking results. Of course, there is a select group of fresh mommies and mommies-to-be that doesn’t need to go chasing celebrity magazines begging for some interest in their offspring. For the likes of Jessica Alba or Angelina Jolie, it’s not a question of “if”, but a question of “when and how much”. At a time like this, there is evidence that the photos of Angelina Jolie’s rumored twins could be worth up to $10 million.

“It’s at the point now where some stars might decide to have more kids just to collect the money from their photos”, says one magazine editor via the NY Post. National Enquirer Executive Editor Barry Levine is also quoted as saying that “it’s become big business now”. “It’s outrageous, they’ve gotten very sophisticated. The rights are bought up now even before the celebrity enters the hospital. They hire extra security so it’s impossible to obtain a photo illegally”, he said. He also estimates that photos of Angelina Jolie’s twins could be sold for up to $10 million. Magazines are said to regard this increasingly outrageous trade in baby photos as an investment, as the exclusive photos are often re-sold overseas and posted on the Internet as an extra source of profit.

Levine also makes a valid point saying that the market for baby photos has become nothing short of outrageous these days. “That’s where the market is right now. When I was the editor of Star in LA, we bought photos of Lisa Marie Presley’s baby back in 1989 for $100,000, and at the time I thought it was outrageous. Now it’s chump change”, he declared to the NY Post. “I’d like to see more people like Sarah Jessica Parker standing outside the hospital and giving the shot away for free”. It’s a good thing, then, that we didn’t have such noble expectations from the likes of Jennifer Lopez, who pocketed $6 million for photos of her newborn twins Max and Emme. But then again, not everyone possesses Angelina’s self-sacrificing martyr genes.

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Posted by Denz on Mar 28 2008. Filed under Entertainment. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.