Thursday, January 21, 2010

Collapse of the Paparazzi Bubble

Via Harper's Index
Estimated percentage change since 2007 in the average tabloid payout for a celebrity photograph : –30
Obviously a bailout is in order.

Perhaps in lieu of cash, Congress could mandate that Tiger Woods come out of hiding and pose for photographs. I'm pretty sure there is some pent-up demand in that market.

Just think of the multiplier!

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