Sesame Street Is Brought To You By The Letter B For Billionaire

Big Bird is a billionaire. A Warren Buffett, Eric Schmidt, Steve Jobs billionaire, which is pretty impressive considering that he is not a real person but rather a giant, yellow bird (which is a kind of terrifying concept if you actually think about it for a second.)

Advocates for continued federal funding of the Public Broadcasting Service got their undies in a twist Wednesday night when GOP presidential candidate Mitt Romney said that he would cut funding to the beloved TV station to reduce the national deficit.

“Sesame Street” is a multimillion dollar industry, even without any taxpayer funding. The marketing rights for “Sesame Street” and “Barney” total $1.3 billion, according to a 2005 report by former Florida Rep. Ginny Brown-Waite, and “Sesame Street” merchandise is in every toy store, Wal-Mart and Target across the country.

The Huffington Post wrote that “Sesame Workshop, the nonprofit that produces the show ‘Sesame Street,’ made $46.9 million in revenue from licensing Big Bird, Elmo, the Cookie Monster and other characters in 2011, according to financial statements. This money helped pay the salaries of 1,320 employees.”

Sesame Street is brought to you by the letter B for Billionaire.

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