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Labrish
Nyuuz
Beyoncé hits billion-dollar status, Hive erupts
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[QUOTE="Munyaradzi Mafaro, post: 81073, member: 636"] Beyoncé finally hit the billionaire club through insane tour money. The Houston singer achieved a ten-figure net worth, joining her husband Jay Z, along with Taylor Swift, Bruce Springsteen, and Rihanna. Her recent tours, the Renaissance World Tour and the Cowboy Carter Tour, generated over a billion dollars combined. Her company, Parkwood Entertainment, runs everything. That tour cash, plus direct deals for projects, pushed her over the edge. She made huge sums from a Netflix documentary and a halftime show special. She also earned major money by releasing her concert film directly with AMC theaters, keeping a massive cut of the profits. Owning her music and controlling her projects through Parkwood meant she kept most of the revenue. Forbes calculated her annual income recently at about one hundred and forty-eight million dollars. This comes from her own catalog, brand deals, and the record-breaking live shows. The Cowboy Carter Tour specifically became the top-grossing country tour ever. It earned over four hundred million in tickets plus another fifty million from merchandise. Her business model, focusing on ownership over traditional label structures, built an empire reaching that billion-dollar milestone. [/QUOTE]
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Nyuuz
Beyoncé hits billion-dollar status, Hive erupts
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