Coldplay, Michael Jackson also fare well


U2 have been named the biggest earning act in the US last year, ahead of the likes of Bruce Springsteen and Madonna.

The band are reported to have made $109 million (£71 million) in total from record sales, touring and royalties according to Billboard‘s Top 40 Money Makers list.

Following the Irish band are Bruce Springsteen ($57.6 million), Madonna ($47.2 million), AC/DC ($43.6 million) and Britney Spears ($38.8 million).

Coldplay were the biggest earning UK band with $27.3 million, while the late Michael Jackson grossed $17.3 million.

Billboard says its formula for working out the list is “top secret”, though it is be based around money earned from all aspects of selling music, including publishing and touring.

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