Forbes simply launched its annual listing of “The World’s 10 Highest-Paid Entertainers in 2002” — they usually’re not all who you’d suppose.
Traditional English rock band Genesis took the highest spot, incomes $230 million in a single 12 months. Genesis, which launched its first album in 1969, launched the careers of each Peter Gabriel and Phil Collins, releasing such hit songs as “Invisible Contact” and “That is All.”
However these songs dropped approach again within the Eighties, so how did Genesis make a lot cash final 12 months? One phrase: Publishing.
In response to Forbes, Genesis offered the rights to their music catalog to Harmony Music Group in September for $300 million. The deal additionally included a few of Phil Collins’ solo work, together with his hit track “In The Air Tonight.”
Genesis weren’t the one greying rockers to kill it in 2022.
Sting was the second highest-paid entertainer. The previous Police frontman and solo star of the 80s offered his total songwriting catalog, together with his work with the Police (“Each Breath You Take”) and his solo hits (“If You Love Someone Set Them Free”), to Common Music Group for $210 million.
Genesis and Sting have been the most recent benefactors of main music conglomerates and corporations, like JP Morgan and BlackRock, investing in artists’ music catalogs, which they consider are undervalued within the age of streaming.
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Who else made the listing?
Not all the massive earners final 12 months have been of their 70s. Different highly-paid entertainers embrace Taylor Swift (#9), who earned $92 million from her report gross sales, streaming, digital downloads, and licensing.
And that was final 12 months.
“Crashing Ticketmaster with insane demand for her Midnights tour in November suggests a good larger 2023 for her,” wrote Forbes.
Latin rapper Dangerous Bunny was the tenth highest-paid entertainer of 2022, incomes $88 million, due to his two excursions and endorsements from Corona, Cheetos, and Adidas.
Right here is your complete listing:
- Genesis ($230 million)
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Sting ($210 million)
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Tyler Perry ($175 million)
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Trey Parker and Matt Stone ($160 million)
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James L. Brooks and Matt Groening ($105 million)
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Brad Pitt ($100 million)
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The Rolling Stones ($98 million)
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James Cameron ($95 million)
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Taylor Swift ($92 million)
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Dangerous Bunny ($88 million)
