Celeb Media Prepares for Royal Baby 'Blowout'

Weekly magazines get ready to cash in

Royal milestones are proven cash cows for celebrity weeklies: Between newsstand sales, special issues and features, the magazine industry raked in an estimated $31 million from the Royal Wedding in 2011. Now, the celebrity tabloids and their digital counterparts are getting ready to reap the benefits of the royal union with Prince William and the Duchess of Cambridge's first baby.

While Buckingham Palace has avoided releasing an official due date, People magazine managing editor Larry Hackett said Monday that he had it on good authority that today was the day.

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