U2 Top Money Maker

If there was any doubt that U2 was the biggest band in the world, one look at Billboard’s Top Money Makers list should do the trick. Based on actual revenue earned by music artists from touring and music sales, U2 hits #1 on the list, earning nearly double of what the next biggest money maker earned at #2.

Thanks to their sold-out U2 360° tour, the band is likely to earn the title for highest-grossing tour in history thanks to the high capacities of their 360-degree setup. The first tour as part of their current deal Live Nation, that includes touring, merchandise, and more, U2 is a clear lead at #1 with an estimated $108 million dollars in revenue.

Bruce Springsteen is at #2 thanks to his constant touring schedule, the release of a new studio album and Walmart-exclusive hits collection, as well as publishing revenue from his discography of self-written songs and over 2 million in digital sales, The Boss earned a cool $58 million last year.

Madonna came in at #3, earning an estimated $47 million thanks to international stadium sell-outs of her “Sticky & Sweet” tour as part of her new Live Nation deal, as well as her branding and licensing deals. International touring brought in the green for “Back In Black” singers AC/DC, who earned $43 million last year.

Sorry Ringling Brothers, but Britney Spears had the highest-grossing circus last year. Her sold-out “Circus” tour, along with album sales and over 7.5 million digital downloads, earned her over $38 million last year.

The rest of the top money makers according to Billboard include Pink ($36 million), the Jonas Brothers ($33 million), Coldplay ($27 million), Kenny Chesney ($26 million), and Metallica ($25 million).

 

Jay-Z Performs At Bonnaroo 2010

Perhaps the loftiest praise Jay-Z could receive for Saturday’s prodigious gig at Bonnaroo’s What stage was that he didn’t miss Beyonce (who was spotted on site, but didn’t perform) and that he wasn’t overshadowed by Stevie Wonder (who’d wowed the crowd on the same stage a couple of hours prior).

Rather, Jay made a boisterous case that every major worldwide music festival should probably keep him on retainer as headliner for the foreseeable future. With his genial rock-star swagger, barrage of modern pop standards, and dazzling video fantasia, the man who once seemed on the verge of crotchety irrelevance after the ill-fated “Death of Auto-Tune” campaign, has now provided the star-wattage at All Points West, Coachella, and Bonnaroo in the past year.

There was a remarkable amount of tolerance for the repeated solemnization of New York and even the cornier new material—“Young Forever,” “Empire State of Mind”—resulted in mass singalongs with lighters, cell phones, and glow sticks hoisted high.

When the band kicked into U2’s “Sunday Bloody Sunday” for the alternate version of “Heart of the City (Ain’t No Love),” it recalled the moment when the transformation of Jay-Z into go-to festival eminence began: Glastonbury 2008, where he strategically responded to Noel Gallagher’s statement that hip-hop had no place at the fest by miming “Wonderwall,” guitar in hand, and generally crushing the unprepared Oasis leader’s credibility.

For a man who obviously needs fresh challenges, here was a new field of play. It appealed to his increasing love of rock and his neverending desire to locate new markets for his music. Now, two years later, he’s actually begun to master the form. Let’s hope he doesn’t think that he’s completely conquered the game just yet.

No matter how big Bonnaroo gets, or how many up years or down years it endures, or how many porta-potties overflow, I hope that the festival’s devotees never change. The people who go to Bonnaroo remind me of the New Orleans Jazz Fest faithful - not in every way, but in their dedication to the music (granted, much like Jazzfest, not everyone is there for the music). Even the bands are consistently amazed at how many people show up in the middle of a Tennessee farm and know the band member’s names and the words to their music. In a way, this mentality fosters a mindset that is desperately needed in today’s music consumers, and that is attention to detail. Bonnaroo has come a long way from its roots by doing what it needs to survive. What it needs now, on the cusp of the tenth anniversary of the event, is for everyone involved to keep making it the best music experience possible.

U2 Ranks Top on Forbes

The world’s biggest rock band, U2 launched a massive world tour in 2009 that has brought in more than $311 million in gross box office receipts. Each tour stop brings in $10 million in gross ticket sales. Add in lucrative merchandise sales, heavy radio play and a steady-selling back catalog, and you have the highest-earning band on the planet.

Power Rank 7
Pay $130.0 mil
Category Musicians
Pay Rank 3
Web Rank 11
Press Rank 18
TV/Radio Rank 54
Social Rank 28

 

Elevaton Funds Facebook

It’s a beautiful day at Facebook. Elevation partners has just injected $120 million in venture capital, which will certainly help power-up Zuckerberg’s business … but why did Bono’s firm make this move?Back in November 2009 Elevation slid about $90 million over the negotiation table in exchange for 2.5 million shares in the world’s most popular social networking Web site, and has seen that investment multiply by two and a half times in value. So perhaps it’s not surprising that Elevation has just forked over another $120 million for a further five million shares at the moment—especially given the fact that the economy really seems to be recovering, and Facebook’s success has been continuing onwards and upwards with more users joining every day.

The Edge Jams with Muse

So when word trickled out yesterday that U2’s The Edge had been spotted walking around the festival’s press tent, it was really only a matter of time before he made his own guest appearance

Muse were joined onstage by The Edge as they headlined Glastonbury tonight (June 26).

The space-rock trio played the closing Pyramid Stage for the second time in six years, bringing the second day to an epic finish.

The band brought their special brand of bombast despite a relatively-stripped down show from what they are used to, though the biggest surprise was reserved for the encore.

The band left the stage for a lengthy breather after finishing the initial set with ‘Stockholm Syndrome’. When they returned, they were joined by The Edge, who added his trademark guitar to a version of U2’s ‘Where The Streets Have No Name’.

“This is our friend The Edge,” Muse frontman Matt Bellamy said simply at the end of the mass sing-a-long.


U2 had been due to headline Glastonbury last night, but were forced to pull out after Bono seriously injured his back and were replaced by Gorillaz.

Glastonbury Appearance !

Another year, another Glastonbury — and another fresh round of what-ifs and maybes for the festival rumour mill.

This year the most-whispered tale involves two of the 2010 festival’s headliners – or, rather, one of the headliners and a band who were supposed to be topping the bill on the Pyramid Stage.

Saturday’s headliners Muse had hinted they were planning something special for their headline slot. On Friday, BBC 6 Music reported that the band might be joined by U2’s guitarist the Edge for their slot.

U2, of course, were supposed to be headlining the festival on Friday night but had to pull out after Bono underwent surgery, leading them to pull a series of dates on their world tour.

Festival organiser Michael Eavis had been asked by the station if the rumours were true, and did not deny the story – though he did not confirm it either.

Whether Matt Bellamy and company are joined by the veteran guitar great, only a time machine or patience will tell. Stay tuned.

360° tour to Australia in December

The Music Network said the band will officially confirm the news we’ve all been waiting for when they announce new dates of their cancelled US tour.

Bono will be back on stage in a few weeks. This comes directly from Paul McGuinness, U2’s manager. Bono who is 50 had been operated on after becoming temporarily paralysed. By now you know this forced the cancelation of the North American tour as well as the headline slot at Glastonbury.

“He’s making a full recovery. The doctors told me he’s going to be fine. It was serious surgery but we expect him to make a full recovery. He’s pretty fit.” Said Paul during a recent interview.

McGuinness said there was no reason to believe the tour’s massive stage production had anything to do with the singer’s injury.

“Rescheduling the American leg is quite difficult because it is an outdoor show; we can’t do it in the winter because it’s the northern hemisphere.

“So what we’re doing now is trying to seek availability of the buildings that we had already pretty much sold-out, so we’re getting availabilities and routing a coherent tour for next summer in the U.S. and Canada. We’ve nearly done it so I hope we’ll be able to announce that shortly.”

McGuinness insisted the rest of the band hasn’t been enjoying an impromptu holiday while Bono recovers.

Joshua Tree narrowly beats out Achtung Baby

U2 Fans yesterday woke up around the world to the question of the day on Facebook. If you could only have one U2 ablum with you what ablum would that be. Of course we had some differences. War, Best of, How to Build, but for the most part it was neck neck these two ablums. For us we think its Joshua tree. A defining period for all of us.

The Joshua Tree is the fifth studio album by rock band U2, released on 9 March 1987 on Island Records. Written and recorded in Dublin throughout 1986, it was produced by Daniel Lanois and Brian Eno. The album is dedicated to lead singer Bono’s assistant, Greg Carroll, who was killed in a motorcycle accident during the album’s recording.

There is within music an ability to tap into the raw, revelatory power of beauty; music can give itself to the unknown whisper of the eternal in ways that other forms of art only hint at. The collage of sounds communicates something deep to the heart and, when combined with the presence of the voice, can be downright liberating. Few individuals, let alone bands, ever really reach a point where they are that open to the Unknown that it can give itself so freely through their music. U2 has done so time and again, but never with the level of directness and sincerity as they accomplished on the Joshua Tree.

A joshua tree is a real tree that thrives despite the dry environment it lives in. The image - the icon - of life amidst its seeming absence, embodied in the joshua tree, is one that is fully appropriate to U2 - particularly at the end of their first decade. U2, like the joshua tree, stood in stark contrast to its environment: ascetic, prophetic and disarmingly (some would say “naively”, but let the tension stand) sincere. (Their foray into the realm of post-modern sampling, irony and sarcasm was an identity crisis fully in line with where they stood in the 80s: cynicism is frustrated optimism.)

“I Still Haven’t Found What I’m Looking For”, the second song, really expresses the kernel of The Joshua Tree; every other song fleshes it out in some way or another. The album is, in the end, about distance: “I have run, I have crawled, I have scaled these city walls only to be with you: But I still haven’t found what I’m looking for.” While one may take this to be an admission of defeat - and distance whispers of despair as much as consummation - doing so is incorrect: “I’m still running,” Bono sings. The song is an expression of hope more than anything.

Faith is a raw and disarmingly rough beauty; it looks within and it looks without. “Bullet the Blue Sky” and “Mothers of the Disappeared” give full expression to U2’s long-time political engagement, while “With or Without You” gives a glimpse into U2’s more tender side. “With or Without You” may very well be the best love song of the 80s. “One Tree Hill”, a deeply personal song about the death of a friend, moves with passion and rugged grace - and, again, with hope: “I’ll see you again when the stars fall from the sky and the moon has turned red over one tree hill.”

The album received critical acclaim, topped the charts in over 20 countries, and sold in record-breaking numbers. According to Rolling Stone, the album increased the band’s stature “from heroes to superstars”. It produced the hit singles “Where the Streets Have No Name”, “With or Without You”, and “I Still Haven’t Found What I’m Looking For”. The album won Grammy Awards for Album of the Year and Best Rock Performance by a Duo or Group with Vocal in 1988. The Joshua Tree is frequently cited as one of the greatest albums in rock history, and it is one of the world’s all-time best-selling albums, selling 25 million copies. In 2007, a remastered version of the album was released to mark the 20th anniversary of its original release.

Achtung Baby is the seventh studio album by rock band U2. Produced by Daniel Lanois and Brian Eno, it was released on 19 November 1991 on Island Records. Stung by the criticism of their 1988 release Rattle and Hum, U2 shifted their musical direction to incorporate alternative rock, industrial, and electronic dance music influences into their sound. Thematically, the album is darker, more introspective, and at times more flippant than the band’s previous work. Achtung Baby and the subsequent multimedia-intensive Zoo TV Tour were central to the group’s 1990s reinvention, as U2 replaced their earnest public image with a more lighthearted and self-deprecating one.

Seeking inspiration on the eve of German reunification, U2 began recording Achtung Baby in Berlin’s Hansa Studios in October 1990. The sessions were fraught with conflict, as the band argued over their musical direction and the quality of their material. After weeks of tension and slow progress, the group made a breakthrough with the improvised writing of the song “One”. They returned to Dublin in 1991, where the majority of recordings were completed. The album’s title and colourful multi-image sleeve were chosen to confound expectations of U2 and their music.

One of U2’s most successful records, Achtung Baby earned favourable reviews and debuted at number one on the US Billboard 200, while topping the charts in many other countries. It spawned the hit singles “One”, “Mysterious Ways”, and “The Fly”. The album has sold 18 million copies worldwide and won a Grammy Award in 1993 for Best Rock Performance by a Duo or Group with Vocal. One of the most acclaimed records of the 1990s, Achtung Baby is regularly featured on lists of the greatest albums of all-time.