Billboard has released it's 2009 Money Makers list, detailing the top 40 earners in the music industry. The tally takes into account sales of CDs and downloads, merchandise, and most importantly, concert tickets. Touring is the most lucrative aspect of popular music, and it's evident with U2 topping the list. The group is currently halfway through what is expected to be the highest grossing tour in history, the 360 Tour. Billboard estimates that U2 earned $108,601,283 in 2009. The 360 Tour is U2's first under their new all-inclusive music/touring/merchandise deal with concert promoters Live Nation.
Bruce Springsteen landed in second place after a successful year that included a Super Bowl performance, studio album, exclusive Wal-Mart hits compilation, as well as an extensive touring schedule. Last year's chart topper, Madonna, came in third. The Queen of Pop completed her Sticky & Sweet Tour which is now the most successful tour by a solo artist in music history. Her touring revenues made up for her music sales which are lagging relative to earlier years.
AC/DC mixed touring revenues with music sales, including strong sales of their back catalog to finish in fourth. Britney Spears came in fifth following her wildly successful Circus tour and strong digital download sales of her singles. Rounding out the top ten are Pink, The Jonas Brothers, Coldplay, Kenny Chesney, and Metallica.
March 21, 2000 - *NSYNC Breaks One Week Sales Record Teen pop reached its peak in the spring of 2000 when boy band *NSYNC sold a mind blowing 2.4 million copies of their album No Strings Attached in its first week. Later in the year, Eminem would set the record for the biggest first week sales for a rap album with 1.7 million copies of The Marshall Mathers LP sold, and Britney Spear's 1.3 million copies that Oops!...I Did It Again shifted in its first week would set the record for a female artist. Little did record labels know that these massive sales would wouldn't last, and that by the end of the decade, they would be faced with record low sales.
A live performance of "Bye Bye Bye", "No Strings Attached"s first single.
April 12, 2000 - Metallica Sues Napster In April, the Metallica song "I Disappear" began receiving radio airplay before being released. The song, which was to be featured on the "Mission: Impossible II" soundtrack, landed on the Napster file sharing network, along with the band's entire catalog. Livid, Metallica filed a lawsuit not only against Napster, but UCLA, Yale, and Indiana University. Dr. Dre and Madonna followed suit, and eventually, the RIAA itself was suing illegal downloaders across the country.
Metallica rages against file "sharing" in this 2000 MTV Video Music Award skit.
October 23, 2001 - Apple Releases the iPod To say the iPod changed everything is a bit of an understatement. Clunky CD players became a thing of the past and your entire music collection (or at least 5 GB of it in 2001) could fit in your pocket. The iPod changed the way music was consumed. If you didn't want an entire album, you didn't have to get it, you could just hand pick the songs you like. It was only a matter of time until iTunes became one of the largest music distributors on the globe.
The first dancing black silhouette iPod commercial featuring the Black Eyed Pea's "Hey Mama".
April 3, 2002 - Avril Lavigne Releases "Complicated" Canadian singer Avril Lavigne was on the verge of getting dropped when little known production team The Matrix was asked to work with her. The result was "Complicated", an ironic tune about pretentious posers. Lavigne was marketed as the "anti-Britney", a more "hardcore" alternative to manufactured teen pop. A perfectly fine punk-pop song, "Complicated" wasn't at all ground breaking, but it did signal the end of an era - the teen pop bubble had burst.
Avril Lavigne performs "Complicated" on Nickelodeon.
June 11, 2002 - "American Idol" Premieres Television has always played a big role in music, from Ed Sullivan to "American Bandstand", but never had it been used to create a star. "American Idol" was the democratization of popular music, allowing viewers to text in to vote for their favorite performer in hopes they would be crowned the eventual Idol. The show was a juggernaut in the ratings, capable of reaching 38 million viewers during the finale of season 2.
Kelly Clarkson auditions for "American Idol" with Madonna's "Express Yourself" and reminds us how stupid the phrase "cool beans" was.
November 30, 2002 - Girls Aloud Win "Popstars: The Rivals" "Popstars: The Rivals" aired on Britain's ITV1 the fall of 2002 under the premise that two pop groups would be formed and compete for the coveted Christmas No. 1 single. The all-male group One True Voice was formed and went head-to-head with Girls Aloud. While One True Voice released some unforgettable and predictable glop of a single, the Aloud recorded "Sound of the Undergroud", the most inventive and groundbreaking debut single reality television has ever produced. Fueled by songwriting and production team Xenomania, the Aloud went on to release 20 consecutive top 10 hits and be named the "one truly great pop act" reality TV has given us.
Girls Aloud perform their Christmas No. 1 hit on the "Popstars: The Rivals" Finale.
August 23, 2003 - Madonna Kisses Britney, Christina at Video Music Awards Madonna just released the first flop record of her career with the divisive American Life when MTV asked her to perform at their 25th anniversary Video Music Awards. Her two heirs apparent, Britney Spears and Christina Aguilera, were both in career slumps as well. The two sang "Like A Virgin", the song Madonna famously debuted at MTV's inaugural show. The Queen of Pop then emerged from a wedding cake to sing "Hollywood" before locking lips with the two Princesses of Pop (Although Christina got the shaft when the camera panned to Britney's ex). It was the kiss seen 'round the world that outraged the nation, dominated the tabloids, but unfortunately failed to sell any records.
The kiss.
February 1, 2004 - Janet Jackson Exposes Boob On Live Television
The whole Madonna/Britney/Christina kiss caused uproar, but it was nothing compared to the backlash Janet Jackson faced following her halftime performance at Super Bowl XXXVIII. Justin Timberlake came on stage to sing "Rock Your Body" which includes the line, "Better have you naked by the end of this song." The song ended, and sure enough, Timberlake ripped off a piece of Jackson's costume to reveal her bare breast, only covered by "nipple shield". Dubbed a "wardrobe malfunction" by the media, CBS got fined a buttload of money, Timberlake got a pass and Jackson was crucified.
The Infamous Wardrobe Malfunction.
February 10, 2004 - Kanye West Releases "The College Dropout" Kanye West had already made a name for himself as a producer, revitalizing Jay-Z's career with The Blueprint, but his debut record positioned him as one of the greatest rappers of the decade. The College Dropout flew in the face of every hip-hop cliche at the time. West eschewed gangsta rap in favor of introspective soul sampling rap touching on racism, religion, and African American culture. The album earned West eight Grammy nominations, opened up rap to a new audience, and changed the direction the genre was headed in.
Kanye West wows the crowd with a mesmerizing performance of "Jesus Walks" at the 2005 Grammys (He doesn't show up until 1:40).
February 28, 2004 - Usher Begins 28 Total Weeks Atop Billboard Hot 100 Usher's domination of the charts in 2004 was unprecedented. His album, Confessions, has sold over 10 million copies in the United States, and it spawned four No. 1 hit singles. "Yeah" first hit the top spot in February, a position he didn't let go of until August, save a single week when American Idol winner Fantasia stormed the chart. After "I Believe" and "Burn" took their turn at the top, the album was reissued with "My Boo" which did likewise and began the trend of re-releasing albums for increased sales and chart topping singles.
Usher performs "Yeah!" live in concert.
October 22, 2004 - Ashlee Simpson Caught Lip Syncing on "Saturday Night Live"
Ashlee Simpson took the stage that fated October night to perform her get-out-from-under-the-shadow-of-her-sister single "Pieces of Me" and it went off without a hitch. Unfortunately, things didn't go so well when the time came to perform her second song of the night. Simpson got on stage, put the microphone up to her lips, and "Pieces of Me" began playing again. She danced a little "jig" before "wandering" off stage. At shows end, Simpson thought she could make everything better by saying her band started playing the wrong song...riiiiight. Her career would never recover, but lip syncing would go on just the same.
Ashlee Simpson's SNL Lip Syncing Fiasco.
November 30, 2004 - Jay-Z and Linkin Park's Mash-up Album "Collision Course" Debuts At No. 1 The underground bootleg mash-up genre was hated and feared by the record industry due to it being made entirely of illegally used music. DJ Dangermouse faced EMI's wrath after distributing The Grey Album which featured mash-ups of Jay-Z and Beatles tracks. Some mash-up artists eventually received the blessing of the labels to put out a legal album, such as Richard X's Presents His X Factor Vol. 1 a year earlier, but Jay-Z's and Linkin Park's album represented a commercial and cultural peak for mash-ups. It wasn't pieced together by a kid in his parent's basement, but by the artists themselves. It hit No. 1 in America and has sold nearly 2 million copies to date.
Jay-Z and Linkin Park mash-up their mash-up with Paul McCartney at the 2006 Grammys
December 14, 2004 - Kelly Clarkson Releases "Since U Been Gone" Kelly Clarkson's "Since U Been Gone" is one of the best pop songs of all time. Written and produced by Max Martin and Dr. Luke, two proven hit makers, and given more of a rock edge at Clarkson's insistence, the song proved to the world that reality show musicians can offer something of value to the world. Even more importantly, "Since U Been Gone" forever changed the pop-rock landscape and dictated the type of music Clarkson, as well as a host of other female singers were expected to make.
Kelly Clarkson rocks out to "Since U Been Gone" at the 2005 VMAs
September 2, 2005 - Kanye West Tells America that George Bush Doesn't Care About Black People NBC aired A Concert for Hurricane Relief to raise money for the victims of Hurricane Katrina. Actor Mike Myers was on screen with Kanye West when West first went off script. "I hate the way they portray us in the media," he said before complaining about unfair depiction of blacks in the hurricane's aftermath. Myers looks concerned that West is off script and resumes to give his spiel after a minute before Kanye gives his infamous line, "George Bush doesn't care about black people." Bad press for the Bush administration, but Kanye became a household name.
Kanye West becomes a household name during the Concert for Hurricane Relief telecast.
October 21, 2005 - Gwen Stefani's "Hollaback Girl" Becomes First Song To Sell 1 Million Downloads It was touted as an inventive neo-Queen schoolyard romp, but man, it got old fast, didn't it? Gwen Stefani's "Hollaback Girl" was a milestone single though, because in an era of hip-hop domination on the nation's charts, Stefani became the only non-hip-hop artist to go No. 1 except for American Idol winners the week after the show's finale. "Hollaback Girl" reached its peak of popularity just as iTunes was beginning to be seen as a good way to purchase music. The timing was perfect for the song which became the first to sell 1 million downloads.
Retail overhead - $3.89
Buying a brand new CD - priceless*
Naptser changed the world. In 1999, Shawn Fanning, a Northeastern University student created a peer-to-peer file sharing network which allowed internet users across the globe to get access to music and other media easier than ever before and for free. The future had arrived.
In 2000 however, Napster began to find itself in legal troubles after Metallica discovered that their unreleased song "I Disapear" had found it's way onto the network and from their to radio stations. The band filed a lawsuit. They were followed by Dr. Dre and a livid Madonna whose unreleased track "Music" had leaked. The lawsuits seemed to do little to slow Napster's growing popularity. At it's peak in February 2001, it was reported to have 26.4 million users.
The music industry was concerned. However, as the RIAA went on a witchunt pinning declining album sales to online fine sharing, Radiohead proved that programs such as Napster can actually be benificial to an artist's career. Three months before the release of their fourth album Kid A, it ended up on the network. Unlike most other music that was being leaked at the time, Kid A wasn't as commercial. In fact, no music videos were made to support the disc, nor any singles released, yet, it became the band's first #1 album. The success was credited to the promotion Radiohead recieved on Napster.
Fast forward to October 2007. Radiohead had fullfilled their six album contract with EMI and released their seventh studio album, In Rainbows. Like Kid A, it made it onto the internet before it was physically released, but this time, it had nothing to do with music pirates. Lead singer, Thom Yorke commented, "every record for the last four—including my solo record—has been leaked. So the idea was like, we'll leak it, then." The album appeared on their website as a digital download, and listeners could choose how much they wanted to pay for it.
The name-your-own-price version of In Rainbows no longer exists, but the idea has blown up the internet. Granted, any new release from Radiohead is bound to cause some buzz, but their do-it-yourself release has made headlines in rock journalism and blogs and had doubtlessly made the record industry sweat. Radiohead has proved that you don't need the middleman. Record companies as we now know them will one day be a thing of the past.
When Madonna's eleventh studio album is released later this year, she too will have fullfilled her record contract and is abandoing the record industry. The singer is reported to have signed a $120 million, 3 album contract with a concert promotion firm, Live Nation. This is only the beginning. Times are changing and the record industry better evolve to meet 21st century technology and tastes.
As Duncan Riley put it, "The only real question now is how fast will the music industry model come tumbling down. When Radiohead led the way in offering their music directly to fans many predicted that the move was the beginning of the end; Madonna may well be the tipping point from where we will now see a flood of recording artists dumping record labels and where todays model will shortly become a footnote in Wikipedia."
In 2000 however, Napster began to find itself in legal troubles after Metallica discovered that their unreleased song "I Disapear" had found it's way onto the network and from their to radio stations. The band filed a lawsuit. They were followed by Dr. Dre and a livid Madonna whose unreleased track "Music" had leaked. The lawsuits seemed to do little to slow Napster's growing popularity. At it's peak in February 2001, it was reported to have 26.4 million users.
