For all of you naysayers, Brit is calculated to be an economic phenomenon!
Magazine Estimates Britney Spears Is Worth $120 Million to Economy
Even When She's Not Touring, Britney's Bringing in Big Bucks
Jan. 25, 2008 —
Ever get the feeling somebody is making a whole lot of money off Britney Spears besides Britney Spears?
Portfolio magazine estimates the annual value of Britney Spears to the U.S. economy is 110- to 120-million dollars -- and that's when she isn't even touring.
Portfolio estimates record companies, promoters and licensers make 30- to 40-million dollars because of endorsements, record sales and other business.
It estimates the paparazzi make 4 million dollars from selling photos of the Kentwood native. Celebrity tabloids, web traffic and other media make an estimated 75 million dollars off her in a year. A celebrity tabloid can sell as many as 33 percent more copies if Spears is on the cover.
Her ex-husband, Kevin Federline, pulls in a million dollars a year because of her, and not just the $35,000 a month from spousal and child-support payments. K-Fed reportedly gets $30,000 from nightclubs just to show up.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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