First there was the Six Million Dollar Man - now Jennifer Lopez is having the $6million (£3million) Babies.

The superstar singer and actress is expected to give birth to twins any day, her first children with husband Marc Anthony.

Now industry insiders claim J.Lo is ready to sign on to get an astonishing £3million pay-day for exclusive pictures of the family.

The pay-out, said to be between Lopez and People magazine, would set an industry record.

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An industry record: The first pictures of Jennifer Lopez and her twins are set to fetch £3m

Ironically it would also be more than what her flop movie Gigli made in the box office.

Ad Age in the U.S. quoted "people familiar with the negotiations" in reporting the record-breaking media deal.

The magazine insisted People magazine "is poised to pay Jennifer Lopez and Marc Anthony between $4million (£2m)and $6million for exclusive U.S. rights to the first photos of their expected twins".

The deal would take a new trend of baby pictures - with Christina Aguilera the latest star to pose with her children, again with People magazine - to a new extreme.

Ad Age's Nat Ives said: "Graydon Carter was once famously accused of putting Paris Hilton on Vanity Fair's cover because she represented 'newsstand crack'.

"Now we see the next generation: newsstand crack babies."

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Jennifer Lopez's father David recently said of his famous daughter (above with husband Marc Anthony): 'Jennifer has yearned to be a mother for many years'

There are plenty of other babies that magazines will still be bidding for: other pregnant stars include Halle Berry, Jessica Alba, Nicole Kidman, Jamie Lynn Spears - and not to mention Angelina Jolie, rumoured to be pregnant with twins.

Lopez's spokeswoman Leslie Sloane Zelnick said she had heard inquiries, but declined to say more.

People magazine's managing editor Larry Hackett said: "I have no comment on these particular pictures."

However, he admitted: "Readers have to know that when there's a huge picture, a baby, a wedding, some life moment, People magazine is the place that you're going to find that.

"You have to reinforce that all the time. There's a business to be made in the short term and there's a business to be made in the long term."