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To compile the list, Forbes examined concert grosses, merchandising revenue, album sales and additional revenue streams from ancillary businesses: clothing lines, fragrance deals and endorsements.
To compile the list of top earners in country music, Forbes considered concert grosses, merchandise revenue, album sales and income from endorsement and licensing deals.
In generating this year's list of the top-earning country musicians, Forbes considered concert box office receipts, merchandise revenue, album sales, publishing royalties and income from endorsement or licensing deals.
To compile the Cash Queens of Music list, Forbes examined concert grosses, merchandising revenue, album sales and additional revenue streams from ancillary businesses: clothing lines, fragrance deals and endorsements.
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Some artists, aware of dwindling revenue from album sales, are quitting the big labels and working directly with experts in merchandise, touring and digital downloading.
In 2007 and 2008, Live Nation signed a handful of artists to so-called 360 deals, in which the company takes a portion of the revenue from album sales, concerts and merchandise.
Music-industry revenue from album sales has dropped off a cliff in recent decades with the rise of streaming services like Spotify and iTunes.
In the record industry boom of the early 1970s, revenue from album sales was the mother lode.
When revenue from albums began to dry up, it was natural for bands to raise concert prices.
Album revenue assumes an average sales price of $13 per album.
By distributing digitally and keeping most of the profits themselves, the gross revenues of the album matched what they could have expected to get as an advance from a music label within the first 50 days.
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CEO of Professional Science Editing for Scientists @ prosciediting.com