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14.02.2023 / 03:31
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Genesis tops Forbes list of 2022's top 10 highest-paid entertainers after catalog sale
Genesis landed atop a top 10 list of the highest-paid entertainers of 2022, bolstered by a massive catalog sale last fall, as well as revenues earned from touring and streaming.The musical ensemble of Phil Collins, Tony Banks and Mike Rutherford were named to the top spot of the Forbes list with $230 million in revenue after they sold their catalog to Concord Music Group in September for a total of $300 million.The $230 million total also included streaming totals from Collins' work as a solo artist, according to the outlet.Coming in second on the list was Sting with $210 million, after The Police front man sold his full catalog to Universal Music Group for $300 million prior to fees, Forbes reported. Tyler Perry was third on the list with $175 million, as the multi-talented entertainer garnered the total from multiple proceeds from his films, BET shows and Atlanta-based Tyler Perry Studios. Perry, who made the 2021 list, is the only entertainer in the top 10 who is a billionaire, the outlet reported. The latest: Genesis (L-R Tony Banks, Phil Collins and Mike Rutherford) landed atop a top 10 list of the highest-paid entertainers of 2022, bolstered by a massive catalog sale last fall, as well as revenues earned from touring and streaming.