The Forbes list of the highest paid musicians is out and if you’re not familiar with the finances of your favorite artists, there might be some surprises in there. Firstly, everyone’s favorite non-practicing self-proclaimed Dr. Dre is at the top of the list. Why? His album is forever delayed! Ah but you forget: Actual music doesn’t pay that much anymore.
Dre’s bundle of cash ($110 million to be more specific) is mostly due to the overwhelmingly popular Beats By Dre line of audio electronics–Forbes reports: “He collected $100 million pretax when handset maker HTC paid $300 million for a 51% stake in the company last year, at the beginning of our scoring period; he and his partners later bought back half of what they sold.” So if Dre’s long-awaited, many-times-pushed-back album never actually comes to fruition, you know who to blame. Blame HTC and the millions of people rocking those Beats headphones across the globe. Those bragging rights that come from hip-hop songs about cars and clothes and girls? Dre doesn’t need them anymore.
Just who else was in the top 10?
It’s been an extravaganza of 2012 London Olympics highlights from the exposed boob controversy to Samuel L. Jackson’s awesome live tweets of the events. There’s never a dull moment. Equally exciting is the lineup for the A Symphony Of British Music televised concert and the performers for the closing ceremony on August 12. Our very own You Oughta Know artist Ed Sheeran recently told BBC he was playing at the closing ceremony with Pink Floyd. “I’m playing the closing ceremony — which I think is kinda cool right? A lot of people think that I’m doing a song with The Who, but I’m not — I’m doing a song with Pink Floyd. I’m doing “Wish You Were Here,” he told BBC. Well apparently Pink Floyd didn’t get that memo. Read more…
We try to cover all the music stories that matter here on the VH1 Blog. Sometimes, though, we find too many stories to cover, stories that don’t exactly “matter” but are worth sharing, or even just good stuff from our peers. Here’s your Tuesday roundup:
Amazon’s 99-Cent Lady Gaga Deal Hurt Interscope
On Saturday, Ed Christman at Billboard noted on Saturday that while Amazon’s Born This Way price drop certainly helped increase overall sales figures for the album, it also shifted the balance from physical to digital sales to an extent for which Interscope was unprepared. Now, he calculates, 72% of Interscope’s initial shipment of physical copies of Born This Way?over 1.5 million CDs!?are taking up space on the shelves of retailers eager to return excess stock.
Is Britney Spears‘s Tour Underselling?
One of today’s Detroit Groupon Deals is a half-priced ticket to Britney’s July 28th show at The Palace of Auburn Hills. We can’t determine anything definitively from this, but we can presuppose that presales?at least, in Detroit?failed to meet expectations.