Queen’s earnings have reached an eyewatering £80million in two years as they proceed their iconic world tour.
The band’s newest accounts revealed they’re nonetheless rocking international phases a long time after the loss of life of their lead singer, Freddie Mercury.
Surviving members Brian May, Roger Taylor and John Deacon Queen profited £89million in 2021 and 2022.
The band members paid themselves £30m from their firm Queen Productions Ltd, in response to the Mirror.
The dividend in 2022 was £12,906,351 and in 2021 it was £17,066,000 – with the quantity cut up amongst them as administrators.
Queen’s earnings have reached an eyewatering £80million in two years as they proceed their iconic world tour
The band’s newest accounts revealed they’re nonetheless rocking international phases a long time after the loss of life of their lead singer, Freddie Mercury
The newest annual accounts revealed in 2022 the band made a revenue earlier than tax of £22.2m, up from £16.8million within the earlier yr.
A report hooked up to the books as much as September 30, 2022 acknowledged: ‘During the yr turnover elevated by £1,700,486, which led to a rise in revenue earlier than tax.
‘This could be attributed partly to the success of the We Will Rock You theatre manufacturing UK tour in addition to a rise in licence charges on dwell music touring.’
The web revenue margin for the yr skyrocketed by 11per cent, as the rise in turnover coincided with a lower in royalties payable.
According to the report, all indicators present the band ought to count on to see the cash persevering with to roll in for the foreseeable future.
It learn: ‘Given the success of [the film] Bohemian Rhapsody and We Will Rock You lately, it’s anticipated the corporate will generate related earnings within the yr ended September 30 2023 and within the years thereafter.’
Turnover for 2022 was £49,893,655 and for 2021 it was £39,193,189.
Queen members Brian May and Roger Taylor teamed up with Adam Lambert for his or her excursions in 2012 and have gone on to carry out a number of profitable excursions over the past 10 years.
Surviving members Brian May, Roger Taylor and John Deacon Queen profited £89million in 2021 and 2022. The members paid themselves £30m from their firm Queen Productions Ltd, in response to the Mirror
The newest annual accounts revealed in 2022 the band made a revenue earlier than tax of £22.2m, up from £16.8million within the earlier yr
The web revenue margin for the yr skyrocketed by 11per cent, as the rise in turnover coincided with a lower in royalties payable
Discussing the present, Brian stated: ‘We’re nonetheless calling our present The Rhapsody Tour, however the content material has developed massively from if you final noticed it.
‘New toys, new takes, however all of the hits and extra.’
Talking about his function within the band Adam stated: ‘I think about it a phenomenal accident that I used to be placed on a path that aligned me with Brian and Roger.
‘I can not wait to tour North America yet one more time alongside the 2 unbelievably gifted legends which are Brian May and Roger Taylor.’
Roger added: ‘Adam is actually an actual drive on stage. It’s been nothing however a riotously humorous and fulfilling journey with him. He is just top-of-the-line vocalists on this planet – FACT!’
American popstar Adam joined Queen members Brian and Roger in November 2011 for a efficiency on the MTV Europe Awards in Belfast.
It was then reported in December 2011 that the group had been in conversations for Adam to entrance Queen.
Queen members Brian May and Roger Taylor teamed up with Adam Lambert for his or her excursions in 2012 and have gone on to carry out a number of profitable excursions over the past 10 years