Man the music business is so full of $$

[walkingonsnow]

I just came across this article On Billboard showing the top 40 earners in music for the past years and DAMN, my eyes fell off keeping track of the figures and commas.

Just to put it in perspective:

10. Metallica - $25,564,234
9. Kenny Chesney - $26,581,141
8. Coldplay - $27,326,562
7. Jonas Brothers - $33,596,576
6. Pink - $36,347,658
5. Britney Spears - $38,885,267
4. AC/DC - $43,650,466
3. Madonna - $47,237,774
2. Bruce Springsteen - $57,619,037
1. U2 - $108,601,283



Isn't it amazing how some of them aren't even realsing CDs anymore but still earn a shit load of money?

What's even more amazing, they have the title of "singer" but some of them can't even hold a note if their life depended on it, yet they rake in 8 figure salaries every year!

To see the rest of the acts, http://www.billboard.com/#/../../news/money-makers-page-1-1004071200.story

Just thought I'd share....

by the way, I was surprised to see Lady Gaga nowhere in the top 40. I basically only heard her and Taylor Swift on the radio, and Taylor did make the list at #21.

 

[Lord Booticus]

How is U2 still earning any money, let alone that much?

 

[AllMan]

I just came across this article On Billboard showing the top 40 earners in music for the past years and DAMN, my eyes fell off keeping track of the figures and commas.

Just to put it in perspective:

10. Metallica - $25,564,234
9. Kenny Chesney - $26,581,141
8. Coldplay - $27,326,562
7. Jonas Brothers - $33,596,576
6. Pink - $36,347,658
5. Britney Spears - $38,885,267
4. AC/DC - $43,650,466
3. Madonna - $47,237,774
2. Bruce Springsteen - $57,619,037
1. U2 - $108,601,283



Isn't it amazing how some of them aren't even realsing CDs anymore but still earn a shit load of money?

What's even more amazing, they have the title of "singer" but some of them can't even hold a note if their life depended on it, yet they rake in 8 figure salaries every year!

To see the rest of the acts, http://www.billboard.com/#/../../news/money-makers-page-1-1004071200.story

Just thought I'd share....

by the way, I was surprised to see Lady Gaga nowhere in the top 40. I basically only heard her and Taylor Swift on the radio, and Taylor did make the list at #21.

I know that list must be a load of shit----because Beyonce is nowhere on that list and, for one, Forbes just named her and Jay-Z as the top-earnning power couple in America! So how in the hell is she, nor he, not on that list???? Do they not think she is in the music industry? Matter of fact, no R&B, Hip-Hop, or any Black artists are on that list at all.....either Billboard is biased/racist, or there PR/writer/editors need to take their heads outta their asses quick! Hmmmmmm interesting!

Source: http://www.forbes.com/2010/01/12/ho...ples-business-entertainment-star-couples.html

 

[Paws]

Isn't it amazing how some of them aren't even realsing CDs anymore but still earn a shit load of money?

How is U2 still earning any money, let alone that much?

Copyright.

A construction worker has to work every day to earn money, as a musician you let the lawyers of your music company do the rest while you lean back and enjoy life.

 

[giftart]

They also earn through merchandising and branding and concerts.

 

[vulgar_newcomer]

Copyright.

A construction worker has to work every day to earn money, as a musician you let the lawyers of your music company do the rest while you lean back and enjoy life.

......... oh yeah that's how it works, you have it all figured out damn!

 

[walkingonsnow]

Billboard's criteria:

*Making Money Makers

For the first time, Billboard's annual Money Makers ranking, which is the most comprehensive report card of its kind, is based on the artist's share of revenue as opposed to total dollars generated by each artist in the ranking.

In compiling these rankings, the editors used proprietary data from the Billboard Boxscore archives (concert grosses), Nielsen SoundScan (sales of physical albums, digital albums and digital tracks), Nielsen BDS (tethered downloads, on-demand streams and noninteractive streaming at Rhapsody, Napster, AOL and Yahoo) and Nielsen RingScan (master ringtone sales), and then applied the corresponding mechanical rates and estimates where necessary for each category to determine the industry's top-earning artists. The ranking covers the one-year period from the first week of 2009 (which ended Jan. 4) through the last tracking week of the calendar year ended Jan. 3. It combines an artist's estimated take from those products with box-office results from concert performances that took place during the calendar year.

Sales data tallies all available titles for each artist during the tracking period. Artists receive 100% credit for sales of a title if credited as the lead artist or as an equally billed lead artist. In calculating an artist's share of revenue from recorded-music sales, Billboard used a royalty rate of 20% for superstars and 16% for newer artists, minus producer fees and the usual packaging and free-goods deductions for CDs.

An artist's take of revenue from on-demand streams was calculated based on the average wholesale rate paid to labels, while revenue from non-interactive streams was based on SoundExchange's rate settlement with webcasters. An artist's share of revenue from tethered downloads was calculated on an average-per-download basis. In instances when the artist is a songwriter, Billboard estimated the share of songs written by the artist. CD mechanical royalties for artist/songwriters were calculated by assuming the standard royalty rates. For digital downloads for track, album and ringtone sales, Billboard used the current statutory rates, assuming 12 tracks per album. Billboard also subtracted a 10% manager's fee for each revenue category. For touring revenue, we credited each artist with 34% of gross tour receipts, after the promoter's fee, the artist manager's fee and other costs are subtracted.

Our figures do not include revenue from merchandise sales, sponsorships, synchronization deals and songwriter performance royalties. The data used in this report was compiled and calculated by Billboard Research manager Gordon Murray, senior Billboard correspondent Ed Christman, Nielsen Music special projects manager Deborah Schwartz and Boxscore chart manager Bob Allen.

Source: http://www.billboard.com/#/news/2010-money-makers-list-1004071338.story?tag=hpflash2

 

[JasunStrikesBack]

How is U2 still earning any money, let alone that much?

well... let's see... They've been making top-selling albums for 30 years, they write all their own material, they play their own instruments, they're known for putting on a great show and tour for VERY long amounts of time.

I mean, I have 't liked a U2 album in about 15 years but they're still selling like crazy. Sure, artists like Beyonce and JayZ might be selling a lot of albums right now but their albums don't have the staying power of albums by bands like U2 or Metallica.

Albums like War and Boy and Achtung Baby are still selling in the hundreds of thousands every year. You think people are still buying that many copies of Beyonce's record from two years ago? Will they still be in 28 years?

Is Beyonce going to do world stadium tours selling out 5 nights in each city?

I know you might not like U2, but trust me... they're one of the biggest bands in history... not just this years favorite flavor.

 

[LESAINT]

well... let's see... They've been making top-selling albums for 30 years, they write all their own material, they play their own instruments, they're known for putting on a great show and tour for VERY long amounts of time.

I mean, I have 't liked a U2 album in about 15 years but they're still selling like crazy. Sure, artists like Beyonce and JayZ might be selling a lot of albums right now but their albums don't have the staying power of albums by bands like U2 or Metallica.

Albums like War and Boy and Achtung Baby are still selling in the hundreds of thousands every year. You think people are still buying that many copies of Beyonce's record from two years ago? Will they still be in 28 years?

Is Beyonce going to do world stadium tours selling out 5 nights in each city?

I know you might not like U2, but trust me... they're one of the biggest bands in history... not just this years favorite flavor.

Well Said...