U2 tops Forbes music earnings list
Irish rockers raked in $130M in last 12 months
Last Updated: Saturday, July 17, 2010 | 1:27 PM ET
CBC News
Related
U2 performs on a circular stage on its 2010 concert tour. (Leon Neal/AFP/Getty Images) Irish band U2 has landed on the top of a different chart — the Forbes list of top-earning musicians.
Forbes.com published its annual top 10 roster Friday, with U2 raking in $130 million US from the band's 360 Degrees Tour, endorsement deals and merchandising.
The No. 1 listing is not surprising, considering that Billboard had already placed the rock veterans on top earlier this year for earnings in 2009. The latest Forbes list measures earnings from June 2009 to June 2010.
U2 recently rescheduled this summer's North American dates after the band was forced to cancel some 16 concerts across the U.S. and Canada, including stops in Edmonton, Toronto and Montreal, when frontman Bono suffered a back injury in May. Those concerts have been put over until next spring.
Coming in at No. 2 on the Forbes list were metal musicians AC/DC at $114 million, followed by Beyoncé Knowles at $87 million. Bruce Springsteen and his E Street Band and Britney Spears rounded out the top five.
Last year's richest singer was Madonna, who still made it onto the top 10 this time.
"Nearly half of the artists that make up this year's list of the top-earning music acts have been around long enough that they could have appeared on the soundtrack to Back to the Future," Forbes.com said in reference to the 1985 movie starring Michael J. Fox.
The full list:
- U2, $130 million.
- AC/DC, $114 million.
- Beyoncé Knowles, $87 million.
- Bruce Springsteen, $70 million.
- Britney Spears, $64 million.
- Jay-Z , $63 million.
- Lady Gaga, $62 million.
- Madonna, $58 million.
- Kenny Chesney, $50 million.
- Black Eyed Peas and Coldplay, tied at $48 million.
Share Tools
Top News Headlines
- Syria massacre toll up to 116, UN monitor says
- The UN Security Council is holding an emergency meeting Sunday to discuss the recent massacre in the Syrian town of Houla, in which 116 people died, many of them children under the age of 10. more »
- Montreal protesters march in peaceful defiance
- The clanging of pots and pans sounded throughout Montreal's downtown core Saturday night and into early Sunday morning, as thousands of protesters marched on in peaceful — but loud — defiance of Bill 78. more »
- Love film a 2nd win for Cannes director
- Michael Haneke won the Cannes Film Festival's top trophy for a second time with his film about love and death, Amour. more »
- Lady Gaga nixes Indonesia show after threats
- Lady Gaga cancelled her sold-out show in Indonesia after Islamist hard-liners threatened violence, claiming her sexy clothes and provocative dance moves would corrupt the youth. more »
Latest Business Headlines
- Bankia asks Spain for €19B
- The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support. more »
- EI reforms aim to boost employment, Flaherty says
- Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment." more »
- Employment Insurance review boards to be scrapped
- The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance. more »
- Ottawa moves to limit foreign investment reviews
- The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 10.4 |
| DOW | 12454.83 | -74.92 |
| NASDAQ | 2837.53 | -1.85 |
| SP 500 | 1317.82 | -2.86 |
| NYSE COMPOSITE | 7534.32 | -18.01 |
| AMEX | 2227.37 | 1.45 |
| TSX-VENTURE | 1309.27 | 26.8 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Teen struck by lightning in Ottawa dies
- Missing Winnipeg children found in Mexico
- Quebec tornadoes cause millions in damage
- Montreal protesters march in peaceful defiance
- Syria massacre toll up to 116, UN monitor says
- Woman's remains found in hockey bag on Cape Breton river
- Everest team unable to bring down Toronto woman's body
- WWE apologizes to Brazil over Canadian's flag stomp
- Pope's butler arrested in Vatican leaks scandal

