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Post by Deleted on Jul 21, 2011 16:57:15 GMT -5
I'm so happy for the $6M BB earned but I'm even more thrilled about the ranking! Yeah, cause I'm petty like that. Srsly, he worked so damn hard & he deserves every penny. What Lyndsay Parker has to say: yhoo.it/nVQoOWETA: Forgot to squee........... Ha, ha! One of the comments at Lyndsey's blog! I expcted Adam to be #4, behind, Carrie, Kelly, and Daughtry. How about Carrie? Damn!
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Post by adamme on Jul 21, 2011 16:57:17 GMT -5
Just saw this comment on MJ's: I thought Kris might make the list since he opened for all those big acts last summer. Do opening gigs not pay very much?Ummmm No. That's what MJ's wrote on the thread..
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Post by marie23 on Jul 21, 2011 16:57:36 GMT -5
blogs.forbes.com/zackomalleygreenburg/2011/07/21/the-top-earning-american-idols/The Top-Earning American Idols Adam Lambert and Chris Daughtry share the second spot on our list, each raking in $6 million. Lambert, the runner up in Idol’s seventh season, performed 116 shows around the world in 12 months; Daughtry played 53 dates in support of album Leave This Town. The top ten money-making Idol alums combined to earn $50 million over the past year alone.www.forbes.com/pictures/eeel45ekei/3-adam-lambert-6-million-tie3. Adam Lambert ($6 million, tie) Lambert was edged by Kris Allen in Season Eight, but he easily out-earned his rival thanks largely to 116 shows around the world in 12 months. Methodology These numbers are based on estimated pretax income earned from May 2010 to May 2011, before subtracting agent and manager fees. The totals were compiled with the help of data from Pollstar, RIAA and others, as well as extensive interviews with industry insiders including managers, concert promoters, publicists, agents and, in some cases, the musicians themselves. For more on the business of music, check out Zack's Jay-Z biography, Empire State of Mind. When we're all trying to figure it out if Adam's in the red or not or how much money he makes from the tour and album/single sales, I remembered Q3 (or someone), but I'm pretty sure it's Q3 predicted that he earned around $5million in 2011 . It's closed and even better. WOOO HOOOOO This makes me so happy for some weird reason! At his ranking and the money!!!
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Post by marie23 on Jul 21, 2011 16:59:29 GMT -5
Just saw this comment on MJ's: I thought Kris might make the list since he opened for all those big acts last summer. Do opening gigs not pay very much?Ummmm No. That's what MJ's wrote on the thread.. Amusing, yeah, gonna go hurry up and read before they start deleting, cause I'm..kind of petty like that haha
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Post by PastaBaby on Jul 21, 2011 17:02:03 GMT -5
blogs.forbes.com/zackomalleygreenburg/2011/07/21/the-top-earning-american-idols/The Top-Earning American Idols Adam Lambert and Chris Daughtry share the second spot on our list, each raking in $6 million. Lambert, the runner up in Idol’s seventh season, performed 116 shows around the world in 12 months; Daughtry played 53 dates in support of album Leave This Town. The top ten money-making Idol alums combined to earn $50 million over the past year alone.www.forbes.com/pictures/eeel45ekei/3-adam-lambert-6-million-tie3. Adam Lambert ($6 million, tie) Lambert was edged by Kris Allen in Season Eight, but he easily out-earned his rival thanks largely to 116 shows around the world in 12 months. Methodology These numbers are based on estimated pretax income earned from May 2010 to May 2011, before subtracting agent and manager fees. The totals were compiled with the help of data from Pollstar, RIAA and others, as well as extensive interviews with industry insiders including managers, concert promoters, publicists, agents and, in some cases, the musicians themselves. For more on the business of music, check out Zack's Jay-Z biography, Empire State of Mind. I think this is the same guy that wrote the article on Gaga and he really overestimated there. He was called on the carpet by a poster and really had no concrete answers. He said they were estimates and were on the high end.
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Post by Deleted on Jul 21, 2011 17:02:36 GMT -5
The list is always 100% accurate unless 2 things happen: 1) Your favorite isn't as high as you think he should be or 2) Your favorite is below an Idol you don't like! I'm sure the rationalization to other fans will be that "Adam's concerts must have had so much overhead because he had to pay dancers and he had scenery, etc." :
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Post by keyboard on Jul 21, 2011 17:04:06 GMT -5
blogs.forbes.com/zackomalleygreenburg/2011/07/21/the-top-earning-american-idols/The Top-Earning American Idols Adam Lambert and Chris Daughtry share the second spot on our list, each raking in $6 million. Lambert, the runner up in Idol’s seventh season, performed 116 shows around the world in 12 months; Daughtry played 53 dates in support of album Leave This Town. The top ten money-making Idol alums combined to earn $50 million over the past year alone.www.forbes.com/pictures/eeel45ekei/3-adam-lambert-6-million-tie3. Adam Lambert ($6 million, tie) Lambert was edged by Kris Allen in Season Eight, but he easily out-earned his rival thanks largely to 116 shows around the world in 12 months. Methodology These numbers are based on estimated pretax income earned from May 2010 to May 2011, before subtracting agent and manager fees. The totals were compiled with the help of data from Pollstar, RIAA and others, as well as extensive interviews with industry insiders including managers, concert promoters, publicists, agents and, in some cases, the musicians themselves. For more on the business of music, check out Zack's Jay-Z biography, Empire State of Mind. Good for Adam! He worked his ass off last year and is doing it in a different way this year, writing and recording, but also enjoying his life. It's too late when you are in your 40's and 50's to look back at all the good times you missed. He is just as savvy a man as he is a businessman and musician. No Regrets.
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NoAngel
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Take a bow, Adam Lambert, you fucking legend.
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Post by NoAngel on Jul 21, 2011 17:08:21 GMT -5
Please remember we're not posting info here about Adam's house. Thanks.
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FanOfTheMan
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Love Our Guy!
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Post by FanOfTheMan on Jul 21, 2011 17:13:16 GMT -5
The list is always 100% accurate unless 2 things happen: 1) Your favorite isn't as high as you think he should be or 2) Your favorite is below an Idol you don't like! I'm sure the rationalization to other fans will be that "Adam's concerts must have had so much overhead because he had to pay dancers and he had scenery, etc." : So true...hee.hee... ;D YAY!!! for Adam baby!
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Post by Q3 on Jul 21, 2011 17:20:34 GMT -5
blogs.forbes.com/zackomalleygreenburg/2011/07/21/the-top-earning-american-idols/The Top-Earning American Idols Adam Lambert and Chris Daughtry share the second spot on our list, each raking in $6 million. Lambert, the runner up in Idol’s seventh season, performed 116 shows around the world in 12 months; Daughtry played 53 dates in support of album Leave This Town. The top ten money-making Idol alums combined to earn $50 million over the past year alone.www.forbes.com/pictures/eeel45ekei/3-adam-lambert-6-million-tie3. Adam Lambert ($6 million, tie) Lambert was edged by Kris Allen in Season Eight, but he easily out-earned his rival thanks largely to 116 shows around the world in 12 months. Methodology These numbers are based on estimated pretax income earned from May 2010 to May 2011, before subtracting agent and manager fees. The totals were compiled with the help of data from Pollstar, RIAA and others, as well as extensive interviews with industry insiders including managers, concert promoters, publicists, agents and, in some cases, the musicians themselves. For more on the business of music, check out Zack's Jay-Z biography, Empire State of Mind. When we're all trying to figure it out if Adam's in the red or not or how much money he makes from the tour and album/single sales, I remembered Q3 (or someone), but I'm pretty sure it's Q3 predicted that he earned around $5million in 2011 . It's closed and even better. WOOO HOOOOO WHAT!!! WAIT... mys*&@^#r... Adam's renting a -- amount removed -- home per month???? ... hhmm.. why didn't he just buy?? Anyway... Hopefully it's financial advise from some expert :-/ Yes, I vaguely remember doing a calculation and coming up with a guesstimate was around $5 million for 2010 -- and I was conservative. Buried on this site or the old forum somewhere. Forbes is also known to be very inaccurate. A couple Idols -- Carrie and Kelly -- have said it was way off. Regarding Adam's rent -- sounds like a bargain for that place to me. First of all, with a good accountant, a portion of his rent could be deductible or a business expense because he works from home. Secondly, property is not going up in value in LA right now, so there is no leverage, but a huge risk in buying an expensive property right now. I owned a more modest home in SoCal than Adam is renting and it cost me much more than that to pay for taxes, interest on my huge mortgage, insurance (and EQ insurance and fire insurance on houses in the Hollywood hills is very expensive now), etc. etc. Plus I assume that his rent comes with pool and landscaping services. Yes, the interest was deductible, but the marginal savings is not enough to offset the costs of ownership. And Adam has tons of ways to avoid taxes. There are special tax code for his situation -- when you go from a modest income to high income -- because for many people like pro athletes the high income is not sustained. My hope is that he is socking some of this away in a deferred compensation fund for the future. And that he stays far away from real estate until the market starts to rise again.
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