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Wednesday, December 12, 2012

Top 10 Earning Women In Music

Shakira image from Bobby Owsinski's Music 3.0 blog
Shakira - #10 on the list
Forbes just released their top "10 earning women in music" list and the results are far from surprising. If you look at the pop charts you'll see that's it's mostly dominated by women, and the major artists are easily able to take advantage of that popularity with touring and endorsements. One of the things to take notice in this list is the number of music women who have their own fragrance lines, something that isn't as readily open to men.

Here's the Forbes list:

1. Britney Spears - $58 million, thanks to touring, endorsements and a new fragrance line.

2. Taylor Swift - $57 million, from $1 mil a show and endorsements from Covergirl and Sony.

3. Rhianna - $53 million, from touring and endorsements.

4. Lady Gaga - $52 million, from touring, fragrances and music sales.

5. Katy Perry - $45 million, from touring and music sales.

6. Beyonce - $40 million, and she was mostly inactive this year. Doesn't include her new $60 mil endorsement deal with Pepsi.

7. Adele - $35 million, from touring, sales and publishing from her 25 million album sales of 21.

8. Sade - $33 million, thanks almost exclusively to touring. Maybe the biggest surprise on the list.

9. Madonna - $30 million, endorsements, fragrances, shoe line and royalties.

10. Shakira - $20 million, endorsements, touring and fragrances.

As you can see, there's plenty of money to go around once you enter the superstar region of the business. The big problem is being able to get to that point, of course, and it never seems to get any easier. Each of the above is a fairly large business unto themselves and requires a commensurate infrastructure, so the star's ultimate bottom line is far lower than their income. There are a lot of 5 and 10 percent deductions along the way.

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1 comment:

Anonymous said...

Is this just turnover? Real income could be several orders of magnitude less. A burger bar employee probably turns over five dollars a minute - that's 300 dollars an hour - they don't get paid that much!

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