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Forbes was a LOT kinder to Taylor Swift than Miley Cyrus.
Forbes placed Swift's 2009 at $45-million, which is about 2/3 of what she actually made. Better than Cyrus' 1/3 reported by Forbes.
Swift's Fearless was released in 2008, but to be honest, Swift didn't kick into being the hottest thing in show business for this decade until about June of 2009.
Swift recently commanded $3.7-million for a Boston Gillette Stadium concert. Let's be conservative and say the 56 shows she did in 2009 earned her only $750,00 per performance. That's $42-million, close to the $45-million Forbes gave her. We'll overlook the $10-million plus she made on iTune and CD sales in 2009. Forbes uses New Math and I don't want to mess that up. To be honest, after reviewing what they did to Cyrus, I have no idea how they apply New Math.
More honesty. Don't think I have enough fingers and toes to figure out how many singles hits Swift had in 2009 Let's say she made about half-a-million off EACH of those.
I'm afraid to look at what Forbes did to other artists, including The Jonas Brothers. I DO KNOW Ke$ha's 2010 income will blow up like a nuke bomb compared to her 2009 income. I just paid a gazillion $$$ to see her July 22 show...
One year ago posted how Forbes reported Miley Cyrus made $25-million in 2008 when she made $150-million+. Guess what, Forbes was generous this year upping Cyrus to $48-million.
Forbes must be a LOT smarter at the new math than me, In 2009, Cyrus did 51 concerts - announced on this site first in April, 2009 (also announced her 2010 tour first week in May)- including the United Kingdom earning $1-million per concert. According to Forbes' New Math that's well under $48-million, because Forbes had to include the 26 episodes of Hannah Montana, where Cyrus got an estimated $20,000 per episode (before 4th season sign on bonus). Then two movies, one called Hannah Montana, the other Last Song. Three CDs, Time of Our Lives, Hannah Montana 3 and Hannah Montana the Movie. Don't forget the merchandising deal with Walmart that added greatly to her 2009 income.
Yes, Forbes says $48-million. Everyone is buying it too. Not me. I, as Hilary Duff says, do the math. I put her near $150,000,000 for the second year in a row. Her total wealth near or over 1/2-billion $$.
Feb. 18 projected Miley Cyrus' 2010 income at $3,500 per day this year. That was before announcement of Can't Be Tamed. Since the CD is due out this summer, looks like a late summer tour for Ms. Cyrus. Her last tour commanded $1-million per show. This show should be similar. Figure another 48 shows (why doesn't she do 55 and cover ALL states). She needs to do Japan, Europe and about a week in Australia - for some reason, that country brings big $$$ for U.S. tween stars. Some people just have a knack for letting money flow to them.
TMZ recently reported Selena Gomez makes $11,000 per show for The Wizards of Waverly Place. Believe it or not, Miley Cyrus makes little more for the fourth season of Hannah Montana.
Cyrus had a fabulous 2009. She had her book, Miles to Go. She filmed The Last Song and had the Hannah Montana movie.
She released three albums – Hannah Montana movie soundtrack, The Time of Our Lives and Hannah Montana 3. Each sold extremely well and placed millions in her pocket.
Her biggest $$$ maker in 2009 was the Wonder World tour with 45 dates that netted $1-million per show, not including the T-shirt and show items sales.
Let’s be generous at Hilary Duff Miley Cyrus’ financial outlook for 2010. She has a few movie projects in the offering, but nothing concrete. She is currently filming the final season of Hannah Montana, 26 episodes that ends filming in March. Let’s be generous - $600,000 for those 26 episodes. No CD in the offering, but it would be foolish of Disney not to offer one last Hannah Montana soundtrack, like they did with the Lizzie McGuire movie that sent Hilary Duff into career oblivion.
Cyrus may be filming Wings this year, but IMDB lists the project in development and no filming announced.
She has royalties from all her past material, and she may even make some $$$ from The Last Song, if it breaks even. There will also be a soundtrack from that movie. That appears to be it for Cyrus for 2010.
Again, being generous, from royalties and the Walmart revenue – if there is any residuals from that – she’s making another $600,000 for the year. That equates to roughly $3,500 per day. Going to be rough, how is she going to live off that? Seems the economy is bad in Disney universe like everywhere else.
Forbes magazine put Miley Cyrus’ income at $26-million last year, same as the Jonas Brothers. CEOs and business leaders who worship the information in that magazine may want to consider this; how do you account for the $56-million in concert sales, in addition, a lucrative contract with Walmart during the 2007 Christmas season, CD sales, T-Shirt and poster sales at concerts, Miley World fees (a genius marketing tactic). Also, income from a little TV show called Hannah Montana, publishing rights on the songs she wrote and more.
Mainstream media and $26-million indeed. Yet mainstream media wonder why they’re going out of business.
On one of those sleepless evening, I recently calculated Miley Cyrus’ income and she’s not as rich as you think.
In 2009 she has a concert, a book, a TV show renewal, a movie, a movie soundtrack, a TV soundtrack, an EP exclusive with Walmart, a clothing design with Walmart, another movie due in January, The Last Song, probably a soundtrack from that. Let’s figure she’s on track to make $500,000 per day in 2009.
Yet everything is not rosy in Miley-land. First, there’s the AT LEAST 10 percent commission her agent (Mommy Tish?) gets, bringing her daily revenue down to $450,00. Let’s be conservative and say the government gets half that, leaving poor Miley with $225,000 per day. How will she survive? There’s the private jets to meet with Nick, Mitchel Musso show at the Grove and recording sessions in Nashville where Taylor Swift happens to be in the recording studio on the same day per Twitter. Yet where is a song from that collaboration? Oh, probably on The Last Song soundtrack! Remember you heard that here first.
So poor Miley is only going to make roughly $82-million this year. Hey, not so fast. There are musicians to be paid for that upcoming tour, hotel rooms. So let’s say she ends up with only $40-million this year.
Let’s hope her career has the longevity of The Rolling Stones instead of an American Idiot winner. Oh, her career has lasted longer than any of those already? She’s only 16!
On the other hand, let’s say her career is brief like Michelle Branch, Hilary Duff, Keke Palmer or Ashlee Simpson. For the past three years she’s brought home $40-million. That is a great nest egg for investing. If she bought apartment complexes and office buildings at the height of the depression last year, she’ll be sitting pretty for years to come. Much like her idol, Dolly Parton. Hope Ms. Parton has instructed her on investing – she’s an expert at it.
I rather have the actual $40-million she took home after taxes than the pre-tax $26-million Forbes reported.
Forbes was a LOT kinder to Taylor Swift than Miley Cyrus.
