Music’s Top 40 Money Makers
In music, success can be measured by many yardsticks: Billboard No. 1s, Grammy Awards, AA medallions. But as acts from Barrett Strong to Pink Floyd to Sean “Diddy” Combs have testified in song, when you come right down to it, it’s all about the benjamins.
The fourth edition of our annual countdown of music’s highest earners finds wide-eyed youngsters (Kings of Leon, Taylor Swift) rubbing elbows with their well-heeled elders (Bruce Springsteen, Fleetwood Mac). As the music industry grows ever more complicated, so does our top-secret* Money Makers formula — comprising, among other variables, monies earned from CD and digital sales, publishing royalties and all forms of streaming. But one thing remains constant: Touring is the prime fattener of bank accounts, as evidenced most dramatically in the eye-popping, chart-topping tally of high-end road hog U2.
#7 – Jonas Brothers
The Jonas Brothers released their fourth studio album, “Lines, Vines and Trying Times” (Hollywood) June 15, debuting at No. 1 on the Billboard 200 and setting up the boy band for another fruitful year of album sales and touring. The act racked up almost $1.3 million in CD royalties. The band’s world tour netted them $31.4 million and won the group the Eventful Fans’ Choice Award at the 2009 Billboard Touring Awards.