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U2 is world's top earning band: surveyNEW YORK (Reuters) - Irish rockers U2, who netted $130 million from their massive world tour and other deals, are the world's top-earning musicians, according to Forbes.com.

The group made $10 million in ticket sales on each tour stop and, along with merchandising revenue, hit the top of the list ahead of Australian heavy metal group AC/DC, who earned $114 million from their worldwide tour.

"Nearly half of the artists that make up this year's list of the top-earning music acts have been around long enough that they could have appeared on the soundtrack to "Back to the Future," Forbes.com said.  The financial website added that the top two bands could make as much as $372 million between June 2009 and June 2010.

 

Last Updated on Thursday, 29 July 2010 14:03
 
(UK)

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Liam Gallagher and fellow former Oasis band members Gem Archer, Andy Bell, and Chris Sharrock have announced details of their first album under the moniker of Beady Eye. The new band releases its debut album Different Gear, Still Speeding on February 28th next year.

The announcement was made on the Beady Eye's official website earlier today.

The band will release the record on Beady Eye Records. The album features thirteen new songs written by the band and was recorded at RAK Studios during the autumn with producer Steve Lillywhite, who had his first commercial success with Siouxsie and the Banshees in 1978 with the hit single "Hong Kong Garden." Lillywhite is also currently producing the third album for Evanescence.

Single "Bring the Light" was released on November 9th, and according to the news bulletin was downloaded from or played on the band's website "over 350,000 times" in the first twenty-four hours.  The official video, which was premiered one week later, has received "over 600,000 hits."

The video can be viewed {rokbox title=|Beady Eye Bring the Light :: Indie Rock and Roll Radio| text=|here| size=|fullscreen| album=|default|}images/stories/Beady Eye - Bring The Light.flv&autostart=true{/rokbox}.

Tickets for Beady Eye's first UK tour sold-out "within 30 minutes" of their general release to the public on November 26th. The band will be joined by Matt Jones on keyboards and Jeff Wootton on bass for the UK dates as well as for the European shows which follow.

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