Forbes just unveiled its annual checklist of “The World’s 10 Optimum-Paid Entertainers in 2002” — and they are not all who you’d think.
Vintage English rock band Genesis took the major location, earning $230 million in a solitary 12 months. Genesis, which introduced its initially album in 1969, released the professions of the two Peter Gabriel and Phil Collins, releasing this sort of hit tracks as “Invisible Touch” and “That’s All.”
But individuals tunes dropped way again in the 1980s, so how did Genesis make so a lot revenue very last 12 months? One word: Publishing.
In accordance to Forbes, Genesis offered the rights to their audio catalog to Concord New music Team in September for $300 million. The offer also incorporated some of Phil Collins’ solo get the job done, which includes his strike music “In The Air Tonight.”
Genesis weren’t the only greying rockers to destroy it in 2022.
Sting was the next highest-paid out entertainer. The previous Law enforcement frontman and solo star of the 80s bought his full songwriting catalog, like his perform with the Police (“Every Breath You Consider”) and his solo hits (“If You Love Any person Established Them No cost”), to Common New music Group for $210 million.
Genesis and Sting ended up the latest benefactors of important tunes conglomerates and providers, like JP Morgan and BlackRock, investing in artists’ new music catalogs, which they believe that are undervalued in the age of streaming.
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Who else created the checklist?
Not all the massive earners last yr were in their 70s. Other hugely-paid out entertainers contain Taylor Swift (#9), who attained $92 million from her record gross sales, streaming, electronic downloads, and licensing.
And that was previous yr.
“Crashing Ticketmaster with insane demand from customers for her Midnights tour in November implies an even larger 2023 for her,” wrote Forbes.
Latin rapper Poor Bunny was the 10th highest-paid out entertainer of 2022, earning $88 million, thanks to his two tours and endorsements from Corona, Cheetos, and Adidas.
In this article is the total list:
- Genesis ($230 million)
Sting ($210 million)
Tyler Perry ($175 million)
Trey Parker and Matt Stone ($160 million)
James L. Brooks and Matt Groening ($105 million)
Brad Pitt ($100 million)
The Rolling Stones ($98 million)
James Cameron ($95 million)
Taylor Swift ($92 million)
Lousy Bunny ($88 million)