Why Britney Spears overall net worth is not likely to increase (and where the money goes), a thread.
A lot of Britney fans have been debating, whether we should keep buying Britney or Britney brand related items/tickets/songs (see the free Britney movement). To be clear, I& #39;m not against it if you do, I just want to give a 24 hour example so you can decide for yourself.
Your purchase of mood ring or any Britney track @ 99¢ nets Britney 9¢. To contrast, Kevin federline makes $1.39 per MINUTE just for having the kids. In addition, Britney has extraordinary costs that go beyond most high caliber artists
To reach iTunes #1 - you have to have 5k-12k units moved. Let& #39;s average it at 10k. Remember, Jamie Spears makes 1.5-2% for every sale and $10,833k/mo income + Kevin makes $60k/mo on child support + she pays for boys tuiton/activities.
Let& #39;s see Britney& #39;s $9,900 for 10,000 streams (pricing it over 24 hours, average cost of 99¢ per stream/download):
- record label: -$7,128
- streaming platforms: -$1,782
- Jamie: -$198 (% of sales)
- Jamie/cship: -$361
- Kevin: -$2,000
Britney& #39;s income for a day at #1:
-$1,561
So she could stay at number one, 10k/day in perpetuity, and never see a dime. I didn& #39;t include any other non-disclosed expenses to management companies, marketing/branding, misc legal expenses, attorney fees for Kfed and cship, security, etc.
To play devil& #39;s advocate here, streaming isn& #39;t the only source in an artist like Britney& #39;s estate, she& #39;s got past royalties and contracts, (hopefully) compounding interests on accounts, shoots, videos, sponsored social media, ads, products, old shows but B& #39;s life is expensive!
Not trying to sway people either way, but this tells you the extraordinarily high cost/responsibility Britney bears for a lot of people (think of how many people she has directly or indirectly employed over the years too). Exceptional earner indeed.
This is likely why Britney& #39;s net worth is consistently clocked in at around $59M even though you could argue she& #39;s worth much more - it& #39;s mostly her name.There is more going out than coming in, she has very little known real estate and a lot of division of assets.
If you are not a Britney fan regular, this is in part why there is a #freebritney movement. While we know Britney has some personal and private health struggles, a person of her caliber should have civil liberties and be able to keep more of her hard earned money.
Worth noting after this post received a DMCA notice. Everything I& #39;ve shared here is commentary and is fair use. If you have material I posted and you& #39;d like credit, please let me know. Otherwise I will contest the notice.
To make it clear - I won& #39;t be bullied by anyone, I have a right to speak my mind and if you have a rebuttal, I& #39;d love to hear it - prove me wrong, please! But I WILL say what I need to say, and that& #39;s that. #letusspeak #letbritneyspeak #freebritney
@RexWeiner any advice? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🥺" title="Pleading face" aria-label="Emoji: Pleading face">
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