(In an effort to keep you fully informed, and fully entertained, below we present today's FYI and TMI — news you need and news that's, well, sometimes needless….)
Spears Is Forbes' Top-Earning Woman In Music
Forbes magazine has revealed its list of the top-earning women in music in 2012 with GRAMMY winner Britney Spears ranking No. 1 with $58 million in earnings. Taylor Swift placed No. 2 with $57 million, followed by Rihanna ($53 million), Lady Gaga ($52 million) and Katy Perry ($45 million). Figures were determined by income before taxes and other fees earned between May 2011 and May 2012, including album, concert ticket and merchandise sales and other endorsements and business ventures.
Warner Reports Narrower Loss, Increased Revenue
Warner Music Group reported a loss of $18 million for its fiscal fourth quarter ending Sept. 30, a smaller drop than the $103 million reported for the year-ago quarter. Quarterly revenue reached $731 million, up 2 percent compared to the year-ago period, and digital revenue grew 15 percent to $241 million. Total revenue for 2012 reached $2.78 billion, down slightly from the $2.87 billion reported in 2011, while WMG's annual loss narrowed from $205 million to $112 million.
Report: Music Among Dominating Social Conversation Topics
According to a new report from Pew Research Center, 67 percent of people across 21 countries said they were likely to discuss music and movies via social media platforms, with 63 percent of respondents residing in the United States. Overall, 50 percent of U.S. respondents said they use social media. The report is based on surveys held between March 17 and April 20 and covers usage of social media services such as Facebook, Instagram, Pinterest, Twitter, and Tumblr.
Altercation Reported Involving Hall And Oates
Could it be that the dynamic GRAMMY-nominated duo Hall And Oates were prophesying when they released "Maneater" in 1982? The duo, except not really the duo, were involved in a man-eating altercation on Dec. 9 in Norwalk, Ohio. A man named Roger Oates has been jailed after allegedly biting the eyebrow off his neighbor, Scott Hall. The altercation was reportedly the result of an angry Oates, who was miffed that Hall would not testify on his behalf in court over an underage alcohol consumption issue. As of this report, Oates is currently being held in custody. As for the real Hall And Oates, they had nothing to do with the incident, and are likely hiding their private eyes from the media.