Tuesday, March 11, 2014

Rolling Stones ranked at No. 5 on Billboard's 2014 Rich List...

Rolling Stones ranked at No. 5 on Billboard's 2014 Rich List

By Carla Hay
The Rolling Stones are No. 5 on Billboard magazine's 2014 Rich List, which ranks the highest-paid musicians of the past year. According to Billboard (which published the rankings on its website on March 10, 2014), the Rolling Stones made $26,225,121.71 in 2013. Most of the money came from the Rolling Stones' sold-out "50 and Counting" tour of North America and the United Kingdom.
According to Billboard, "AEG Live ended up scoring The Stones’ North American promoter rights, with a guarantee believed to be in the $80 million range for 15 shows. Despite the predictable negativity about ticket prices, The Stones did what they do best: sell out every show, averaging a whopping $4.7 million gross and 14,000 in attendance at U.S. arenas. The Stones also pushed new product, adding a couple of new studio songs to their last greatest-hits package, the 50-track 'Grrr!' The band’s canon remains one of the most revered in rock: In 2013, it sold nearly 300,000 physical units and 1.5 million track downloads."
Taylor Swift is ranked at No. 1 on the list. She earned $39,699,575.60 in 2013, according to Billboard. Kenny Chesney is No. 2 (with $32,956,240.70 in earnings in 2013); Justin Timberlake is No. 3 (with $31,463,297.03 in earnings in 2013); and Bon Jovi is No. 4 (with $29,436,801.04 in earnings in 2013).
This is how Billboard explained how the artists were ranked: "The data used to compile Money Makers was supplied by Nielsen SoundScan, Nielsen BDS and Billboard Boxscore. Artists are ranked by U.S. earnings, calculated from touring, recorded- music sales, publishing royalties and revenue from digital music and video streaming. Due to a lack of data, revenue from sponsor- ship, merchandising and synchronization isn’t included. For album and track sales, Billboard assumed a royalty rate of 20 percent of retail, minus producers’ fees. Billboard treated all streaming revenue as derived from licensing deals and split that to calculate the artist’s take.
"Billboard applied statutory mechanical rates for album and track sales and Copyright Royalty Board-determined rates or -approved formulas for streaming. For labels’ direct deals with interactive services, Billboard used a blended rate of $0.00525 for audio and $0.005 for video streams. Billboard subtracted a manager’s fee of 10 percent. For box office, each artist was credited with 34 percent of the gross, typically what’s left after the promoter and manager’s cuts and other costs are subtracted."
As previously reported, Forbes magazine put the Rolling Stones' 2013 pre-tax earnings at $39 million and ranked the Rolling Stones at No. 23 on Forbes magazine's 2013 list of the highest-paid musicians. Forbes announced the list on Nov. 19, 2013. According to Forbes, the Rolling Stones are tied with Katy Perry at No. 23, with earnings of $39 million each.
This is how Forbes described how the musicians were ranked: "In order to form our list, we looked at income from June 1st, 2012 through June 1st, 2013, using data sources including Pollstar, the RIAA, Nielsen SoundScan, managers, lawyers and many of the artists themselves. We took into account concert ticket sales, royalties for recorded music and publishing, merchandise sales, endorsement deals and other business ventures. Our estimates reflect pretax income before deducting fees for agents, managers and lawyers; only living artists are eligible for the list."
Here are the those who are ranked on Billboard's 2014 Rich List of the highest-paid musicians:
1. Taylor Swift — $39,699,575.60
2. Kenny Chesney — $32,956,240.70
3. Justin Timberlake — $31,463,297.03
4. Bon Jovi — $29,436,801.04
5. Rolling Stones — $26,225,121.71
6. Beyoncé — $24,429,176.86
7. Maroon 5 — $22,284,754.07
8. Luke Bryan — $22,142,235.98
9. Pink — $20,072,072.32
10. Fleetwood Mac — $19,123,101.98
11. Justin Bieber — $18,873,458.41
12. Bruno Mars — $18,839,681
13. One Direction — $18,041,472.69
14. Jason Aldean — $17,896,191.98
15. George Strait — $16,002,761.63
16. Jay-Z — $15,652,428.82
17. Michael Bublé — $14,478,084
18. Mumford & Sons — $14,172,940.87
19. Dave Matthews Band — $3,932,731.14
20. Rihanna — $13,794,186.16
21. Paul McCartney — $13,769,479.16
22. The Eagles — $13,026,210.18
23. Celine Dion — $12,755,539.71
24. Trans-Siberian Orchestra — $12,473,798.20
25. Phish — $12,406,611.95
26. Kanye West — $11,574,833.92
27. Blake Shelton — $10,349,774.77
28. John Mayer — $10,010,017.17
29. New Kids of the Block — $9,938,526.59
30. Zac Brown Band — $9,888,213.32
31. Imagine Dragons — $9,448,031.68
32. Jimmy Buffett — $9,404,015.71
33. Elton John — $9,369,224.53
34. Rascal Flatts — $9,215,475.78
35. Rush — $9,050,583.42
36. Miranda Lambert — $8,831,605.89
37. Lil Wayne — $8,788,416.66
38. Tim McGraw — $8,761,716.61
39. Eminem — $8,524,782.99
40. Carrie Underwood — $8,051,483.55