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TOP EARNING MUSIC STARS
As reported by Rolling Stone, their magazine's list of top-earning music
stars last year (2001) contains the following metal/rock bands. Metallica is
at # 26.
#26: METALLICA
Net amount earned in 2001: $17.5 million
Sources of income:
Touring: $0
Recording: $14.7 million
Publishing: $6.6 million
Endorsements: $0.5 million
Says Rolling Stone: "METALLICA have one of the best record deals in the
business ‹ essentially a profit-sharing agreement with their label, Elektra.
When the band threatened to leave the label at the height of its career,
Elektra gave METALLICA an astounding royalty rate that amounts to nearly
four dollars per album sold. That hefty rate truly pays off for a band such
as METALLICA, which had four of its records appear on the Billboard catalog
charts during 2001."
Other Metal acts on the list:
#9: AEROSMITH$24.2 million
#24: LIMP BIZKIT $18.4 million
#38: KORN $13.8 million
#39: KISS $12.9 million
#41: AC/DC $12 million
#44: TOOL $10.3 million
#45: THE OFFSPRING $9.3 million
#48: OZZY OSBOURNE $8.5 million
Encyclopedia Metallica
http://www.encycmet.com
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