Britney Spears is fattening the pockets of many with her oddball antics. The list of people who benefit from Britney’s every breath is quite long. Photo agencies and magazine publishers have reaped humongous wealth with their around the clock coverage of the pop star’s eclectic and hectic life. Ex-husband Kevin Federline is riding the wave as well. We’ve got some statistic that you might find interesting.
People, Us Weekly, In Touch, Life & Style, OK! and Star featured Britney Spears on their covers 175 times from January 2006 to July 2007. Those issues sold 33% more copies on the newsstands than issues featuring all other celebrities. Those Britney covers reaped an amazing $360 million for the magazine industry.
Photo agencies are part of the gravy train as well. The average Britney shot is worth $250. A bonanza shot, such as X17’s exclusive shaved head photos, command $500,000. X17 sold $2.5 million in Spears photos in 2007 – a whopping 30% of their revenue for the year. Splash says Spears shots account for 10-15% of their revenue. These are but two of the agencies vying for money shots of the singer.
According to Yahoo, Britney Spears has been the number one search for 6 of the last 7 years. She was beat out for a short period of time in 2004 by Paris Hilton. Internet searches in 2007 were up 60% for Britney, due to her head shaving incident, her frenetic rehab stints, court battles, loss of custody of her children, a police standoff that ended in her brief hospitalization and a whole lot of just plain bizarre behavior.
Britney Spears is worth approximately $125 million. She rakes in $9 million a year in revenue from her record career. She has sold 83 million records since her debut album in 1999. Her financial situation is really quite impressive for someone who’s career has hit the skids in recent years. We needn’t fret for her financial well being.
Kevin Federline has reaped some of the benefit’s of having been associated with Spears. He receives $35,000 per month from Britney and also is said to earn $30,000 per night club appearance. His earning power is a direct result of his past association with Spears. This brings K-Fed’s yearly take to around a $1 million a year. He’s definitely getting by.
It appears that Britney Spears is a golden ticket for a whole lot of people. The print media and the paparazzi are cashing in big time. You might even say that the pop star is a boon to the economy, just by being Britney.