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music business

Top Earning Musicians 2006-2007

Forbes announced top earning musicians of 2006-2007. Well nothing’s new about this. Rolling Stone topped the spot with $88 millions earning, 2nd place is Madonna with $72 millions.

Top income sources are touring, being big in Japan, merchandising and sponsorship.

My two cent is that music downloads could slowly kills record labels while artists could sign other deals with 3rd parties to do tours, merchandising & corporate sponsorship.

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