Angelina and Brad Give Birth to $11 Million Twins

Although the babies are mere days old, there's a price tag on their bald, wrinkly, blind-ish little heads: $11 million for photos of the pair. And some say it could go as high as $20 million before the bidding war is done.

Back in 1989, the National Enquirer paid $100,000 for photos of Lisa Marie Presley's baby. "At the time, I thought it was outrageous. Now it's chump change," said executive editor Barry Levine.

Indeed, Christina Aguilera reportedly got $1.5 million in February for shots of her newborn, Max. And People shelled out a whopping $6 million to Jennifer Lopez and Marc Anthony for the first photos of new twins Max and Emme. But the photos of Knox Leon and Vivienne Marcheline Jolie-Pitt would be the highest priced in history.

Interestingly, the Jolie-Pitts reportedly received several million dollars from People magazine for the first shots of Shiloh Nouvel (the actual figure was never made public), but not for the first shots of their adopted kids.

So why do readers want to see the genetic spawn of people who memorize other people's words for a living?

Business theory, evolutionary psychology and cultural politics might suggest why. Here are 10 theories:

1. Show me the money

"The $11 figure just shows you how big the financial component is," says Jake Halpern, the author of Fame Junkies: The Hidden Truths Behind America's Favorite Addiction.

He says the Washington Post still lives off the Watergate story. And even though first shots of the Jolie-Pitt twins don't have that kind of socially redeeming value, they add to the tabloid's cred. "Even if they don't make the money back with that story specifically, they get the cache of having the inside scoop."

2. Voracious voyeurism

"Celebrities have gradually ceded almost every vestige of their privacy" over the last 30 years, says Halpern. "There is very little that the world doesn't see anymore. Newborn baby photos were one of those few things. They're the inner sanctum of private life, and "because these private moments are so incredibly rare, they have become an enormous commodity."

"It stands to reason in a world in which people pay top dollar for intimacy, to get a shot of holy of holies," is worth a lot. "It's about wanting to get as far into these people's lives as possible: voracious voyeurism is driving this."

3. No business like 'show' business

Angelina Jolie herself said, "In my father's generation, the product was 80 per cent of what you were putting into the world, and your personal life was 20 per cent." She says now it's the opposite.

What's interesting about the Telegraph's video clip of the pregnant Jolie with Pitt is their behavior. I don't know about you, but I don't tend to pose like this when I go out for dinner with my boyfriend. But that's their life: they're at work together.

So another way to look at Jolie's comment is that she knows 80 per cent of her pay cheque indirectly comes from marketing her private life.

And let's be honest -- it's not just tabloids auctioning off the newborns as the Jolie-Pitts innocently stand by. It's Jolie and Pitt's "people" negotiating these deals so that they get the most control, exposure and money.

Even if they give all the money away to charity the publicity that comes from such a gesture is worth more than money-in-hand. And for them, $11 million isn't much -- as one friend of mine said, "if the Jolie-Pitts give away $10 million, that's like me giving away $500."

It's also because they're negotiating for so much, and the tabs are paying so much, that this is a big story, a 38-year-old marketing exec friend of mind pointed out. The higher the price goes, the more it's sensational, the more audiences want to tune in.

4. Belongingness theory

But business theories don't entirely explain why audiences are interested in the intimate lives of strangers at all. And really, that's weird.