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Post by chunkeymonkey81 on Jul 21, 2011 17:22:49 GMT -5
The best part of this earnings list? All the incredible wank that fans of other idols will spew. Lol. Never change fandom. Never change.
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Post by gelly14 on Jul 21, 2011 17:24:55 GMT -5
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Post by Deleted on Jul 21, 2011 17:28:08 GMT -5
 Ha, ha! Chunkey! Yes! We need to pop some  |
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Post by HoppersSkippersMiners on Jul 21, 2011 17:28:41 GMT -5
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Post by kittykay on Jul 21, 2011 17:30:28 GMT -5
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 $10K 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. Plus Adam didn't have any rent for the 6 months he was on the road. What do you estimate Adam's Net income for the year to be? Do these figures include merchandise? |
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mariep
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Post by mariep on Jul 21, 2011 17:30:30 GMT -5
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irish1139
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Post by irish1139 on Jul 21, 2011 17:30:43 GMT -5
ty for answering.  i love hearing first hand accounts, especially from the uninitiated. loooved the bolded description of the energy change in the room.
i truly believe the more casual fans or just curious non fans are able to see Adam live that he will be able to build a strong base of live devotees. I see your bolded and raise you a bolded!  . This is just what struck me at my first GNT-concert, too. It was Nokia NYC, night one, and that was the night that featured possibly the longest gap between Orianthi and Adam of the entire tour. I think he was doing a whole lot of press (and, we now know, he was sick, although I'd never have guessed it by his voice in a million years), but at the time the wait, which was essentially a full hour, seemed more than ridiculous--it seemed disrespectful. Remember, this crowd had been waiting, in the mid-summer heat, in Times Square, for many many hours, some even overnight, and we were seriously crammed into that underground space. It was tight and hot and stuffy in there. People's feet ached. This crowd LOVED Adam but by the end of that endless hour people were actively pissed at him. They'd gone from chanting his name to actually booing. But when the final bars of FYE finished playing and Adam appeared in that absurd fringey coat and top hat, larger than life at the top of the stairs, it was like a major barometric event--the pressure just dropped right out of the room--I'm surprised my ears didn't pop. Annoyance was immediately forgotten and people squealed in genuine, childish delight. The entire crowd was instantly on his side. It really was something to witness, that change. That command of a crowd. It occurred to me then, and this is, I'm sure, wrong, that maybe Adam had left us waiting intentionally, had let that angry, hot frenzy build up, just to show us what he could do with it, how with one raised, fringed arm he could dissipate all that aggression--to let us feel the transformative emotional alchemy of that moment. Showing off in the best possible, for your entertainment, way. See what I can do? Look, ma, no hands!! IT wasn't that he worked us up into an angry fever, the way I imagine some metal bands could use that negative energy towards their performance--it was that the negative energy was transfigured into positive energy, anger became happiness, it was quite remarkable. I remember remarking in my review at the time: I'm a long time sports fans, and have often experienced the thrill of seeing victory snatched from the jaws of defeat, but I'd never witnessed a sea change like that one. What happened at Foxwoods wasn't a "sea change", but I felt something I had never felt before. I have never really been able to describe it. From the moment Adam stepped on stage, the audience was on its feet cheering. The atmosphere in the theatre was like a "welcome" and "we ALL love you." I remember the sensation of my skin crackling with electricity during that entire concert. My heart was beating so fast, and I couldn't stop dancing and screaming. I was with my 16-year-old granddaughter, and we kept grabbing onto each other. It seemed like the more electricity in the air, the more Adam sang and danced. He was incredible that night. At the end of that concert he made the comment "have you all been drinking?" I think he knew that something special passed between him and that audience, and we all knew and felt it. I saw two concerts after that and they were spectacular, but it wasn't anything like Foxwoods. |
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Post by PastaBaby on Jul 21, 2011 17:34:27 GMT -5
The best part of this earnings list? All the incredible wank that fans of other idols will spew. Lol. Never change fandom. Never change. the comment by the durbin fan makes my day  |
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Post by SusieFierce on Jul 21, 2011 17:37:01 GMT -5
THIS IS THE BEST SECOND-HAND WEALTH I EVER NEVER HAD!!!
 Soooooo happy for him!!!
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koshka
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Post by koshka on Jul 21, 2011 17:39:40 GMT -5
Yeah!! Dimmer switches. Probably could afford to put them all on a remote control.
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. This is just what struck me at my first GNT-concert, too. It was Nokia NYC, night one, and that was the night that featured possibly the longest gap between Orianthi and Adam of the entire tour. I think he was doing a whole lot of press (and, we now know, he was sick, although I'd never have guessed it by his voice in a million years), but at the time the wait, which was essentially a full hour, seemed more than ridiculous--it seemed disrespectful. Remember, this crowd had been waiting, in the mid-summer heat, in Times Square, for many many hours, some even overnight, and we were seriously crammed into that underground space. It was tight and hot and stuffy in there. People's feet ached. This crowd LOVED Adam but by the end of that endless hour people were actively pissed at him. They'd gone from chanting his name to actually booing. 
