The 2013 Forbes Billionaires list now includes 1,426 names, with an aggregate net worth of $5.4 trillion, up from $4.6 trillion. The U.S. leads the list with 442 billionaires, followed by Asia-Pacific (386), Europe (366), the Americas (129) and the Middle East & Africa (103) Checkout the top 100 Billionaires in the world after the jump.
Billionaire investor Warren Buffett says he’s still optimistic about local newspapers as long as they develop successful web strategies. In his annual letter to Berkshire Hathaway shareholders, Buffett explained why he bought 28 daily newspapers over the past 18 months for $344 million.
Top 40 list available at Billboard.com
2013 Money Makers Methodology via Billboard
The data used to compile Moneymakers was supplied by Nielsen SoundScan, Nielsen BDS, YouTube and Billboard Boxscore. Artists are ranked by U.S. earnings, and Billboard calculated a variety of income streams, including touring, recorded-music sales, publishing royalties and revenue from an array of digital music and video services for downloads, as well as on-demand and noninteractive streaming. Due to a lack of sufficient data, our figures don’t include revenue from sponsorships, merchandise sales or synchronization data. For album and track sales, we assumed a royalty rate of 20% of retail, minus producers’ fees. We treated all streaming revenue as derived from a licensing deal and thus split that revenue in half to calculate the artist’s take. We also applied corresponding statutory mechanical rates for album and track sales and the Copyright Royalty Board-approved formulas or rates used for the various streaming channels, and further estimated the share of songs written by the artists. For all artist revenue, we subtracted a manager’s fee of 10%. For box office, we credited each artist with 34% of gross receipts, typically what’s left after the promoter’s fee, the artist manager’s cut and other costs are subtracted.
Jordan earned an estimated $80 million last year from corporate partners Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances. Other Jordan assets include six restaurants, a North Carolina car dealership, a motorsports team and his 80% stake in the Charlotte Bobcats.
The Jordan Brand, a division of Nike, is responsible for the vast majority of MJ’s earnings. Jordan partnered with Nike after being drafted by the Bulls out of North Carolina in 1984. The original five-year deal was worth $500,000 annually, plus royalties. The terms of Jordan’s current deal with Nike are a closely guarded secret, but royalties now generate more than $60 million annually for MJ, according to sources.
Jordan’s net worth is estimated at $650 million
spotted: Forbes
Checkout the winners of the 2013 Grammy awards below:
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#1: Marquee – Las Vegas, NV $70-80 MM
#2: XS Nightclub – Las Vegas, NV $60-70 MM
#3: TAO Nightclub – Las Vegas, NV $60-70 MM
#4: Pure Nightclub – Las Vegas, NV $45-60 MM
#5: LIV – Miami Beach, FL $35-45 MM
#6: LAX Nightclub – Las Vegas, NV $35-45 MM
#7: HAZE Nightclub – Las Vegas, NV $35-45 Million
#8: Surrender Nightclub – Las Vegas, NV $35-45 Million
#9: The Bank Nightclub – Las Vegas, NV $25-35 Million
#10: LAVO Nightclub – New York, NY $25-35 Million
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A documentary that explores the downloading revolution; the kids that created it, the bands and the businesses that were effected by it, and its impact on the world at large.
Official Wesbite: downloadedthemovie.com
Starring: Shawn Fanning
Directed By: Alex Winter
Written By: Alex Winter
Documents from Chief Keef’s probation violation hearing show that the Chicago native inked a $6 million deal with Interscope. According to DNA Info, the deal covers three albums, but the 17-year-old rapper won’t be able to spend the money until he turns 18.
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Google slashed the cumulative view counts on YouTube channels belonging to Universal Music Group, Sony/BMG, and RCA Records by more than 2 billion views Tuesday, a drastic winter cleanup that may be aimed at shutting down fake view count-building techniques employed by a community of rogue view count manipulators on the video-sharing site.
source: DailyDot
Expedia Inc. (EXPE) agreed to buy a majority stake in travel metasearch engine trivago for about EUR 477 million, expanding the Internet travel agent’s exposure in Europe.
The deal also increases consolidation in Expedia’s market following priceline.com Inc.’s (PCLN) $1.8 billion purchase agreement for travel metasearch company Kayak Software Corp. (KYAK) last month.
Expedia will acquire 61.6% of trivago for about EUR477 million, or roughly $632 million–including EUR434 million in cash and EUR43 million in Expedia stock.
Founded seven years ago, trivago grew into one of the largest travel sites in Europe and now conducts more than 100 million hotel searches annually, Expedia said. The company is expected to deliver about EUR100 million in revenue for 2012.
Sharon Carpenter of Global Grind caught up with Dame at his art gallery space to talk about his new businesses ventures and more.
via GlobalGrind
documentary on legendary west coast gangster rap pioneer Eric “Eazy-E” Wright
GWOP MAGAZINE 