The Top-Earning Women in Music 2012December 12, 2012 – In The News
Britney Spears earned $58 million in 2012, ranking her as the highest paid female in the music industry this year. The 31-year-old pop star’s latest album, Femme Fatale, was certified platinum in the U.S. and the ensuing tour accounted for the bulk of her bucks. Additionally, Spears’ numerous endorsements and fragrance line helped increase her earnings through the year.
“Britney has an electricity that connects with audiences on screen and off, and it is that intangible quality that always seems to leave her fans, old and new, breathless,” said music attorney Lori Landew, who helped to sign Spears to her first record deal as a teenager.
Of the top female earners in the music industry this year, only eight rank among the world’s 25 highest-paid musicians. Part of the reason is most likely the fact that women take off time from their careers in show business when starting a family – and, says Landew, they’re judged more harshly than their male peers as they grow older.
“It becomes increasingly challenging when artists get beyond a certain age to keep appealing to new audiences even if they hold on to their loyal fans, she says. “This is especially true for women who often find that opportunities for cross-marketing shrink as they age.”
Rounding out the top-five highest paid women in the music industry behind Spears is Taylor Swift, Rihanna, Lady Gaga and Katy Perry.