Music Industry

Published on December 7th, 2017 | by Alan Cross

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And the Highest-Earning Musician of 2017 Is…

…Diddy.

Forbes took a look at estimates of pre-tax income from June 1, 2016, to June 1, 2017, and is before everyone (managers, agents, lawyers, etc.) take their cut. Note the number of Canadians in the Top 20. (Via Variety)

  1. Diddy ($130 M)
    (Cash cows: Bad Boy Family Reunion Tour, Ciroc vodka deal, estimated $70 million sale of one-third of Sean John fashion line)
  2. Beyoncé ($105 M)
    (Cash cow: Formation tour)
  3. Drake ($94 M)
    (Cash cows: The world’s most-streamed artist, Boy Meets World tour, deals with Apple, Sprite and Nike)
  4. The Weeknd ($92 M)
    (Cash cows: 5.5 billion streams in two years, touring)
  5. Coldplay ($88 M)
    (Cash cow: Head Full of Dreams tour)
  6. Guns N’ Roses ($84 M)
    (Cash cow: Not in This Lifetime tour)
  7. Justin Bieber ($83.5 M)
    (Cash cows: One billion-plus streams, Purpose tour, Calvin Klein endorsement)
  8. Bruce Springsteen ($75 M)
    (Cash cows: The River tour, “Born to Run” memoir)
  9. Adele ($69 M)
    (Cash cow: “25” album and tour)
  10. Metallica ($66.5 M)
    (Cash cows: WorldWired tour, “Hardwired… To Self-Destruct” album)
  11. Garth Brooks ($60 M, tie)
    (Cash cows: Touring, “The Anthology Part 1” book and boxed set)
  12. Elton John ($60 M, tie)
    (Cash cow: Touring, Las Vegas residency)
  13. Paul McCartney ($54 M, tie)
    (Cash cows: Touring, Beatles and solo catalogs)
  14. Red Hot Chili Peppers ($54 M, tie)
    (Cash cows: Touring, “Getaway” album)
  15. Jimmy Buffett ($50.5 M)
    (Cash cows: Margaritaville franchises, including hotels, restaurants, merch)
  16. Calvin Harris ($48.5 M)
    (Cash cows: Touring, “Funk Wav Bounces Vol. 1” album)
  17. Taylor Swift ($44 M)
    (Cash cows: Endorsements, catalog)
  18. Kenny Chesney ($42.5 M)
    (Cash cows: Touring, “Cosmic Hallelujah” album, Corona and Apple deals)
  19. Luke Bryan ($42 M)
    (Cash cows: Touring, Outdoor Channel reality show Buck Commander, Cabela’s and Miller Lite endorsements)
  20. Celine Dion ($42 M)
    (Cash cows: Touring, Las Vegas residency)
  21. Jay-Z ($42 M)
    (Cash cows: $200 million Live Nation deal)
  22. Bruno Mars ($39 M)
    (Cash cow: Touring, “24K Magic” album)
  23. Tiësto ($39 M)
    (Cash cow: Touring)
  24. The Chainsmokers ($38 M)
    (Cash cows: Touring, “Memories… Do Not Open” album, streaming)
  25. Jennifer Lopez ($38 M)
    (Cash cows: Las Vegas residency, “World of Dance” TV show)



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About the Author

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker.

In his 30+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.


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