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People magazine pays $14-million for Brangelina twins' pics

NEW YORK — Exclusive photos of Brad Pitt and Angelina Jolie's newborn twins fetched $14-million, a person involved in the negotiations told the Associated Press, giving People magazine and a British tabloid joint rights to publish the most expensive celebrity pictures ever sold.

The person asked not to be named because he was not authorized to release the figure. People will feature twin babies Vivienne Marcheline and Knox Leon in an issue to hit newsstands Monday, spokeswoman Nancy Valentino said Friday.

The money — more than double the $6-million People paid for Jennifer Lopez' twins on a March cover, according to Forbes — will go to a foundation created by Pitt and Jolie that largely focuses on helping children around the world.

It's the second time the celebrity weekly won the North American rights to the couple's first-look baby pictures, and the third time they've worked with the two magazines in exchange for a hefty donation to charity.

"We're thrilled to be able to feature these pictures in People," managing editor Larry Hackett said in a statement.

People will split the bill with London-based Hello! magazine, which has worldwide rights; particulars of the division were not disclosed. People.com will unveil the first photo online Sunday evening.

Even before the babies were born July 12 in Nice, France, the speculation began over which celeb mag would come out on top of an inevitable bidding war. The couple ultimately chose to go a familiar route with its joint deal between People and Hello!, with Getty Images as the photographer and go-between.

People ponied up a reported $4-million donation for the U.S. rights to the first shots of their daughter Shiloh, now 2 years old, while Hello! obtained the British rights. And last year, the couple sold intimate shots of their son Pax, then 3 years old, to Hello! and People.

Getty Images, which was involved in the Shiloh deal, also took part this time around. In a statement, Getty co-founder and CEO Jonathan Klein said his company was "delighted that all proceeds from these stunning images will once again be donated entirely to charity."

People magazine pays $14-million for Brangelina twins' pics 08/01/08 [Last modified: Tuesday, November 2, 2010 10:06am]

    

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