And the massive winners had been almost all white and male, if one goes by a ’10 Highest Paid Musicians’ list revealed by ‘Rolling Stone’ journal on Friday (US Time).
Jay-Z, Kanye West and Taylor Swift are the three exceptions within the list that features Paul Simon, Ryan Tedder, Red Hot Chili Peppers, Lindsey Buckingham, Motley Crue and Blake Shelton.
Created by former Forbes correspondent Zack O’Malley Greenburg, the list options a number of artistes who cashed of their track catalogues for 9-determine sums final yr.
The chief of the pack, stories ‘Variety’, was Bruce Springsteen, who not solely offered his publishing and recorded-music rights to Sony Music in December for a determine sources say was round $550 million, but additionally was the uncommon performer to make a wholesome sum from live performances, along with his ‘Springsteen on Broadway’ summer season reprise.
Seven of the ten made the list based mostly on catalogue gross sales, with the one exceptions being Jay-Z, Kanye West, and Taylor Swift, who had large years both with non-music ventures, comparable to West’s Yeezy shoe empire, or Jay’s sale of half of his champagne line.
Or, to cite ‘Variety’, it was a “bounty of heavily streamed and sold music”, as within the case of Swift’s 4 albums launched in simply 18 months (together with profitable partnerships with Peloton and Starbucks). Also notable is a beforehand undisclosed $50-million catalogue deal from Blake Shelton.
“And in a sad reflection of the state of the world, apart from those exceptions, the list is all older white men — with Stevie Nicks, who struck a $100-million catalogue deal with Primary Wave, just missing the cutoff,” concludes ‘Variety’. The high 10’s whole take? $2.3 billion.