The Daily Mail scooped Fleet Street – and the rest of the world – by acquiring the rights to the picture of a young Meghan Markle posing outside Buckingham Palace with her friend Ninaki Priddy in 1996.
But at what price? The word on the street is the paper parted with £100k for the shot – more than twice the amount the Sun was prepared to pay. That’s a huge sum considering the global rights to the picture of the future Princess apparently reverted to its owner a few days after the Daily Mail ran it.
Meghan will doubtless be selling papers for years to come, a fact that won’t be lost on the paparazzi. But the willingness to pay a six-figure sum also serves as a reminder that Mail owner Associated Newspapers has far deeper pockets than its rivals. Paul Dacre sits unrivalled atop the Fleet Street throne.