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Showing posts with label paparazzi. Show all posts
Showing posts with label paparazzi. Show all posts

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!