World’s Best Paid Music Stars
September 24, 2008 by Stephen S Alison
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World’s Best Paid Music Stars - Lacey Rose, 09.22.08, 6:00 AM ET. Forbes.Com has just published a list of the World’s Best-Paid Music Stars. Quote “Indeed, though there’s no denying music’s old business model has taken a massive hit in recent years–blame it on piracy, the Web or the advent of the recordable CD–there’s still plenty of money to be made in the music industry. In fact, the 10 stars on our list of the world’s top-earning musicians raked in a combined $500 million between June 1, 2007 and June 1, 2008, thanks in large part to lucrative tours, endorsement contracts and all-encompassing deals”.
Topping the list: the Police, who banked $115 million over the course of the year, proving the big money is made on the road rather than in the recording studio.
Singer-turned-brand Beyoncé Knowles comes in second, raking in $80 million during the 12-month period.
Interesting? Then read the full World’s Best-Paid Music Stars article…
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