you gotta be kidding. back in the day, photographers used to be able to sell the right pictures to publications for bank, often enough to make a living if they were good enough. Now picture taking is a dime a dozen.... Totally shrunken market.
Same today...celebrity babies, scandals, but what you're talking about has to do with market saturation. That doesn't mean there aren't a lot of people making money off photography. I'm confused what your point is.