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Join Date: Oct 2000
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Emphasis added in bold is mine:

The Richest Rock Stars of 2006
U2, Stones, Green Day make our annual list

BRIAN HIATT

Posted Mar 10, 2006 10:44 AM

The lesson of Rolling Stone's fifth-annual list of music's biggest moneymakers? Touring, more than ever, is where the money is: The vast majority of artists in our Top Thirty made the bulk of their cash on the road in 2005. Album royalties pale in comparison. "The music business has changed," says Paul McGuinness, longtime manager of U2, who came out on top last year, taking in an estimated $154.2 million after selling out more than 100 arena and stadium shows around the world. "Our recording income is not insignificant, but it's less than we make from touring. The figures used to be closer together." U2 make an estimated $15 million in advances for each album they release, plus additional royalties; they grossed $139 million on the road in North America in 2005 -- including as much as $150,000 per night in merchandise sales.


Rest of the article here:
http://www.rollingstone.com/news/story/9447993/the_richest_rock_stars_of_2006

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Best,

Kurt
Old 12-09-2007, 02:19 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)